Lawyers have warned South Koreans who trade contracts on prediction markets could face prosecution under gambling laws, after a Polymarket user won $160,000 on the outcome of the Seoul mayoral election.
The user made a 106.41% profit on their stake after backing the incumbent Oh Se-hoon ahead of the June 3 election. Oh, of the Seoul mayoral election.
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.
England vs. Argentina kicks off in the World Cup Semifinals at 3 p.m. ET on FOX from Mercedes-Benz Stadium in Atlanta, Georgia.
