Prediction Markets Face Regulatory Hurdles
Raleigh News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Two prediction market platforms, Kalshi and Polymarket, implement strict new rules amidst regulatory threats. Kalshi bans political candidates and athletes from betting on their own races, while Polymarket prohibits trades by anyone with inside information. This comes after a bill was introduced to outlaw sports-related contracts, and Utah expands gambling rules to include prop bets, signaling a challenging future for the industry.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/43e73da6e6cd367e