Predictions markets have hosted millions of dollars of bets related to the war in Iran.
Rep. Mike Levin wants to prevent making money “off the outbreak of war or the deaths of American service members.” ...
US lawmakers are moving to prohibit prediction markets from offering contracts tied to war, assassination, terrorism or ...
The lawsuit, filed in the San Mateo County Superior Court Thursday, alleges negligence by the city, driver and others leading ...
Kalshi faces lawsuit over hidden “death carveout” denying payouts on $54M Khamenei contract, igniting Capitol Hill scrutiny as CFTC proposes new rules for $18B industry.
Blumenthal and Kim said the absence of state regulations around prediction markets has led to “fixing of wagers based on insider information or manipulation of outcomes,” according to ...
As prediction markets like Kalshi and Polymarket offer more ways to bet on elections, war, the Oscars and more, their dangers are growing.
THE DEATH BETS Act aims to ban prediction markets tied to war, terrorism, assassinations, and individual deaths in the U.S.
Democratic Senator Adam Schiff introduced the 'DEATH BETS' Act, seeking to prevent prediction market contracts related to war and terrorism amid insider trading concerns.
US lawmakers introduce DEATH BETS Act banning death betting markets tied to war, terrorism, assassination, and individual mortality.
Dustin Gouker, the author of a Substack about prediction markets, says the media could benefit from keeping an eye on Kalshi and Polymarket.
U.S. lawmakers introduced the DEATH BETS Act to ban prediction markets from allowing bets on wars, assassinations, terrorism, or individual deaths. The bill aims to ...