Trump regulator splits GOP with prediction market fight

Source: The Hill News · Bias: Center

Summary

The Trump administration is wading into a legal fight between prediction markets and state regulators seeking to enforce gambling laws within their borders, in a dispute splitting Republicans. Prediction markets, like Kalshi and Polymarket, are facing off against state regulators in numerous cases, in which they’ve been accused of allowing users to place bets even…

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Trump regulator splits GOP with prediction market fight
The Hill News

Trump regulator splits GOP with prediction market fight

Center

The Trump administration is wading into a legal fight between prediction markets and state regulators seeking to enforce gambling laws within their borders, in a dispute splitting Republicans. Prediction markets, like Kalshi and Polymarket, are facing off against state regulators in numerous cases, in which they’ve been accused of allowing users to place bets even…