Prediction Markets Face Legal Hurdles, Tighten Rules
Irvine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
In response to potential legislation threatening their sports betting contracts, prediction market platforms Kalshi and Polymarket have implemented stricter rules. Kalshi bans political candidates and athletes from trading on their own campaigns and sports, while Polymarket prohibits trades by anyone with inside information or influence over event outcomes. The future of these platforms remains uncertain as legal battles unfold.
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