Prediction Markets Expect DeSantis to Buck Trump’s Pick for Florida Senate Seat
When Marco Rubio leaves the Senate to become Donald Trump’s secretary of state, Florida Gov. Ron DeSantis will choose his...
Bills Introduced in House and Senate to Ban Election Betting
Democratic Representatives Jamie Raskin of Maryland and Andrea Salinas of Oregon introduced the Ban Gambling on Elections Act, a bill...
Betting on Hegseth’s Cabinet Nomination: Which Senators Will Vote Yes?
What to know:Defense secretary nominee Pete Hegseth is among the president-elect's most controversial picks, putting his confirmation in doubtPrediction markets...
PredictIt Launches New Markets Amid Regulatory Shifts for Prediction Market Industry
PredictIt, a prediction market that offered limited options during the 2024 presidential election, may be staging a comeback. On Dec....
CFTC vs. Kalshi: Inside the Regulator’s Final Reply Brief
On Dec. 5, 2024, the Commodity Futures Trading Commission (CFTC) filed its final reply brief in an ongoing legal battle...
Betting Markets Predict Presidential Pardons: Jim Biden, Anthony Fauci, and Liz Cheney Among Favorites
On Thursday, Dec. 12, President Biden issued 39 pardons and commuted about 1,500 sentences. According to the White House, it...
Trading on the Bench: Prediction Markets Forecast Trump’s Supreme Court Moves
Prediction markets are showing how President-elect Donald Trump's return to the White House might reshape the Supreme Court again. Kalshi,...
Friends of the Court: Prediction Market Industry Supports Kalshi Ahead of Oral Arguments
In the final week of November, prediction market companies, a lawyer, and a professor filed amicus briefs in Kalshi’s case...
Loyalty or Experience: Traders Skeptical of Kash Patel’s Confirmation for FBI Director
One of Donald Trump’s unpredictable staff picks is Kash Patel for FBI director. Kalshi’s FBI director market opened on Nov....
Trump’s Defense Secretary Pick a Mystery to Prediction Markets
Prediction markets have begun pricing Donald Trump’s unpredictability into their Cabinet markets. To begin the week, Kalshi’s Secretary of Defense...
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