Washington judge clears path for injunction against Kalshi over prediction markets Suswati Basu A Washington judge has ruled that prediction market operator Kalshi likely violated the state’s gambling and consumer protection laws, paving the way for a preliminary injunction that could require the company to stop offering its event-based contracts to Washington residents … Continue reading Washington judge clears path for injunction against Kalshi over prediction markets
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 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 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
