You can now bet on politics, but is it legal?
Prediction market companies like Kalshi have entered the political world. The Gaggle discusses if that's legal and what Kris Mayes is doing about it.
The Gaggle: An Arizona politics podcast · The Arizona Republic and azcentral.com
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Show Notes
These days you can bet on just about anything from the palm of your hand: pocket cash on the outcome of an Arizona Diamondbacks game or the Super Bowl. But now, you can also win money betting on politics.
Gamblers can wager the outcome of the war with Iran, the winner of the Arizona governor's race and how long Karoline Leavitt's White House press conferences will last.
The new gambling landscape has created a regulatory headache for Arizona, the federal government and the fast-growing prediction market companies fueling all these wagers.
This week on The Gaggle, we talk with a gaming law and sports betting attorney who is tracking prediction market legal battles across the country.
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Guest: Daniel Wallach
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