White House betting controversy, Kalshi legal fight, 44 AGs oppose CFTC proposal, today in prediction market news LIVE
Today in prediction market news, we’re following the biggest developments shaping the industry, including fresh legal setbacks for Kalshi in its fight with New York regulators, a White House official’s response to allegations involving prediction market bets tied to President Trump, and a coordinated push by 44 state attorneys general urging the CFTC to reject proposed prediction market rules.
We’ll also cover Minnesota’s latest actions on prediction markets, including a new executive order on insider betting and court developments clarifying the state’s enforcement authority, as well as ProphetX’s $ 35 million funding round, the launch of a prediction market-focused media company, regulatory updates, and other breaking prediction market news throughout the day.
The post White House betting controversy, Kalshi legal fight, 44 AGs oppose CFTC proposal, today in prediction market news LIVE appeared first on ReadWrite.
Suswati Basu
News Editor
Suswati Basu is a multilingual, award-winning editor and the founder of the intersectional literature channel, How To Be Books. She was shortlisted for the Guardian Mary Stott Prize and longlisted for the Guardian International Development Journalism Award. With 18 years of experience in the media industry, Suswati has held significant roles such as head of audience and deputy editor for NationalWorld news, digital editor for Channel 4 News and ITV News. She has also contributed to the Guardian and received training at the BBC. As an audience, trends, and SEO specialist, she has participated in panel events alongside Google. Her…
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