NFL Asks Supreme Court to Rule Prediction Markets Are Gambling Apps
The National Football League has entered before the highest court in the land to seek classification of prediction markets as gambling apps.
Kalshi
Report: Polymarket Gamblers May Have Traded on U.S. Military Secrets
A report published by the Anti-Corruption Data Collective (ACDC) on Thursday found that over 150 digital “wallets” on the blockchain betting site Polymarket International appear to have traded on insider U.S. military information, sending dangerous signals to adversaries who watch the betting markets.
Alina Habba Shuts Down Speculation She Could Be Next White House Press Secretary
Alina Habba shut down speculation on Wednesday that she could become the next White House press secretary.
Longtime Trump Teleprompter Operator Allegedly Made over $100,000 Betting on Trump Speeches
Gabriel Perez, who has served as President Donald Trump’s teleprompter operator since 2016, has been accused of making over $100,000 in profits from betting on his boss’s speeches.
Spotify Removes 500,000 Streams from Hit Song over Allegations of Fraud on Prediction Market Kalshi
Spotify has taken down approximately 500,000 streams from Malcolm Todd’s popular song “Earrings” following concerns that the track’s chart performance was artificially manipulated by gamblers on prediction market platform Kalshi.
Report: Meta Developing Prediction Markets App to Compete with Kalshi and Polymarket
Mark Zuckerberg has reportedly directed Meta to build a prediction market app that would compete with rapidly growing gambling sites like Polymarket and Kalshi.
‘Political Insider Trading’: Kalshi Suspends 3 Congressional Candidates for Betting on Their Own Campaigns
Prediction market platform Kalshi announced Wednesday that it has suspended three congressional candidates and imposed financial penalties after they were caught trading on their own election campaigns in violation of the platform’s rules.
U.S. Senate Moving Bi-Partisan Bill to Ban Sports Betting on Prediction Markets like Kalshi, Polymarket
A bill to ban sports betting on prediction markets has been introduced by a bi-partisan group of U.S. Senators to prevent betting.
‘Everybody Got Screwed:’ Prediction Market Kalshi Refuses to Pay Winnings on Trades Related to Khamenei’s Death
Prediction market Kalshi has drawn outrage for refusing to pay out winnings on a $54 million trade related to the death of Iranian Supreme Leader Ayatollah Ali Khamenei.
