A Republican member of Congress has introduced the latest bill aimed at limiting how elected officials can use prediction markets.
House Administration Committee Chairman Bryan Steil, a Wisconsin Republican, filed the Stop Lawmakers From Predicting Act on Thursday. The legislation would ban members of Congress, their spouses, and their children from trading on political event markets.
Global prediction market platform ADI Predictstreet and sportsbook technology provider FIRST.bet have partnered to expand regulated prediction markets across Latin America.
The Inter-Tribal Council of the Five Civilized Tribes (ITC) has adopted a resolution calling on Congress and federal regulators to protect tribal sovereignty from prediction markets such as Kalshi and Polymarket.
The New York Lottery unveiled yet another scratch-off winner, this time from Cheektowaga.
The Commodity Futures Trading Commission (CFTC) is investigating after Kalshi personnel admitted that President Donald Trump’s teleprompter operator won around $100,000 trading on Kalshi on what Trump’s speeches would include.
