by Claire Cleary | Oct 2, 2026 | Kalshi, Lobbying, NDAA, News, online betting, Polymarket, Prediction Markets
As prediction markets have exploded in popularity over the past two years, they have also become increasingly controversial – setting off a lobbying-fueled power struggle for regulation of the platforms. Amid allegations of insider trading, bets on military operations, and deceptive marketing practices, some states are seeking to sue or ban prediction markets. But the federal government has…
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by Brad Reed | May 24, 2026 | Donald Trump, Minnesota, News, online betting, Polymarket, Trump Administration
A Sunday report in The New York Times revealed how the Trump administration is using a key government agency to shut down any efforts to regulate online betting markets such as Kalshi and Polymarket. According to the Times, the administration has stacked the Commodity Futures Trading Commission (CFTC) with industry insiders who have systematically “mowed down” staffers at the agency who have…
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