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The El Paso

Kalshi leads prediction markets’ $3 million effort to fight off state regulations

Kalshi leads prediction markets’ $3 million effort to fight off state regulations
Photo: KVIA ABC-7 · view original

As prediction markets have exploded in popularity over the past two years, they have also become increasingly controversial, setting off a lobbying-fueled power struggle for regulation of the platforms. Amid allegations of insider trading, bets on military operations, and deceptive marketing pr...

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