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The Wisconsin Elections Commission (WEC) has warned voters against placing election-related bets through prediction market platforms such as Kalshi and Polymarket, stating that those who both wager on and vote in the same election could be committing a felony under state law.
New York’s first casino, Resorts World New York City, will today unveil plans for the next phase of its $5.5 billion expansion project that it says will transform it into the country’s largest integrated resort.
The swell of gaming-style prediction market contracts is catching the attention of lotteries around the world, as two prominent trade associations are urging legislators and regulators to require event contract platforms to obtain licenses and meet requirements imposed on regulated gaming operators.
A Washington judge has stated that Kalshi has very likely violated local gambling laws and consumer protection requirements.
