Congress grills sports prediction markets as Kalshi faces court setback, today in prediction market news LIVE
Today in prediction market news, we’re following the biggest developments shaping the industry, including today’s congressional hearing on sports prediction markets, a Washington state court’s preliminary injunction against Kalshi, and renewed calls from Senate Democrats for stronger federal oversight of prediction markets. We’ll also cover Polymarket’s launch of a new research arm, expert commentary on the legal future of prediction markets, and breaking developments across prediction markets, sports event trading, crypto, and regulated forecasting throughout the day.
The post Congress grills sports prediction markets as Kalshi faces court setback, 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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