Wanna Bet? Washington Steps up Scrutiny of Prediction Markets

Polymarket and Kalshi are up against a united Congress as D.C. steps up scrutiny of prediction markets

Prediction markets have been blasted for undermining the integrity of sports and exacerbating an addiction crisis among young men.

Wanna bet? Washington steps up scrutiny of prediction markets

A controversy has erupted over prediction markets such as Polymarket and Kalshi. On April 3, bets were placed on Polymarket on when a U.S. airman would be rescued from Iran.

Washington steps up scrutiny of prediction markets

A controversy has erupted over prediction markets such as Polymarket and Kalshi

Associated Press: Wanna bet? Washington steps up scrutiny of prediction markets

Associated Press: Wanna bet? Washington steps up scrutiny of prediction markets. “In a highly polarized Congress, the need to guard against the prediction markets being used for insider trading has become rare common ground. Members of both parties pressed the leader of a typically low-profile regulatory agency on the issue during a hearing on Thursday.”