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a group of women and arian madix on love island
The women contestants of "Love Island USA" with host Ariana Madix.
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Tarek Mansour, co-founder of Kalshi, during a joint SEC-CFTC roundtable at SEC headquarters in Washington, DC, US, on Monday, Sept. 29, 2025.
Tarek Mansour, CEO of Kalshi, said insider trading is easier to detect in prediction markets.
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A Polymarket advertisement in a subway station in New York, US, on Thursday, Feb. 5, 2026.
A Google engineer made $1.2 million from trades based on confidential information, the DOJ said.
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A Polymarket advertisement in a subway station in New York, US, on Thursday, Feb. 5, 2026. Kalshi and Polymarket, which have been assailed by critics for encouraging financial risk taking by making betting more accessible, are now using the promise of free groceries to win over New Yorkers.
Minnesota is trying to ban prediction markets, but the CFTC is putting up a fight.
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Sen. Bernie Moreno
A resolution to ban senators from prediction markets, sponsored by Sen. Bernie Moreno of Ohio, easily passed the Senate at the end of April.
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Rep. Greg Casar
"I mean, we just shouldn't have gambling around issues of war and peace," Democratic Rep. Greg Casar of Texas said.
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Sens. Katie Britt, Bernie Moreno, and Steve Daines
The resolution, sponsored by Sen. Bernie Moreno (center), passed the Senate via unanimous consent.
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A Kalshi advertisement on a bus shelter
Kalshi says its vetting process blocked Gannon Van Dyke from opening an account.
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Donald Trump
"I don't like it, conceptually, but it is what it is," Trump said.