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Los Angeles bar group used Kalshi trade to cushion Dodgers playoff loss
A $60,000 position paid out when the Dodgers missed the World Series, illustrating prediction markets’ emerging use as a business hedge.
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Polymarket’s Cornell sex-crime market draws backlash over trading on rape allegations
The international platform’s market on possible felony charges drew about $452,000 in volume while advocates condemned its treatment of alleged sexual violence.
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Fanatics chief predicts $7 billion U.S. betting marketing battle
Michael Rubin says Kalshi and Polymarket have turned a former two-company race into a crowded, well-financed contest.
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Prediction-market users overrate maths skills, AGA study finds
Sports bettors led the survey’s financial-literacy measures, but researchers and a UNLV specialist said education alone cannot prevent gambling harm.
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Ohio’s marquee races draw more than $10 million on Kalshi
The Senate market led the trading, as election contracts faced fresh questions over reliability and Ohio regulation.
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Kalshi’s Texas Senate market passes $30 million in trading
Contract turnover rose as James Talarico retained a narrow prediction-market lead over Ken Paxton and Texas lawmakers examined the industry.
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Crypto.com exchange sues Missouri over sports event contracts
NADEX says federal commodities law pre-empts Missouri’s sports-betting rules, as courts reach conflicting conclusions on prediction markets.
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Brazil’s right embraces Polymarket runoff odds
A 77% market probability for Flavio Bolsonaro has been embraced by right-wing figures amid distrust of polls, even as experts stress that wagers are not a measure of voter intent.
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Novig sues Missouri to block enforcement over sports event contracts
The CFTC-regulated exchange says federal commodities law pre-empts Missouri’s effort to treat its peer-to-peer contracts as unlicensed sports betting.
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Ohio senator seeks sports-betting rules for prediction markets and election-contract ban
Bill DeMora’s two Senate measures follow a Sixth Circuit ruling allowing Ohio to apply its gambling laws to Kalshi’s sports-event contracts.
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Kalshi market gives Raman narrow edge over Bass in Los Angeles mayor’s race
The prediction-market lead narrowed after the candidates’ final televised debate, while a large bloc of voters remained undecided.
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Taiwan blocks Coinbase and Kalshi websites over suspected election betting
A court-approved domestic web block came weeks before local elections, while authorities cited election integrity and overseas interference concerns.