Category Archives: Prediction Market Legal Battles

Polymarket has reportedly been paying creators to post fake betting videos

Polymarket has reportedly been paying creators to post fake betting videos The Wall Street Journal reviewed 1,105 videos along with guidance given to creators for crafting their posts. By Cheyenne MacDonald June 21, 2026   Polymarket In case you needed another reason to be wary of those videos showing people winning big on Polymarket, an investigation … Continue reading Polymarket has reportedly been paying creators to post fake betting videos →

Steil introduces bill restricting congressional prediction market trades

Steil introduces bill restricting congressional prediction market trades  Suswati Basu     A new House proposal would block members of Congress and their immediate families from taking part in certain prediction market trades linked to government decisions, political developments, and information obtained through public service. House Administration Committee Chairman Bryan Steil introduced the Stop Lawmakers … Continue reading Steil introduces bill restricting congressional prediction market trades →

New Mexico sues Kalshi as tribes escalate sports betting fight

New Mexico sues Kalshi as tribes escalate sports betting fight Suswati Basu     New Mexico Attorney General Raúl Torrez has filed suit against prediction market operator Kalshi, arguing the company is offering online sports betting in the state without the licenses required under New Mexico law.  The case, filed Thursday (June 4) in Santa … Continue reading New Mexico sues Kalshi as tribes escalate sports betting fight →