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Ro Khanna calls for federal ban on sports prediction markets
Khanna says platforms such as Kalshi package gambling as financial trading while sidestepping state and tribal safeguards.
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House Oversight chair raises possible ban on officials’ prediction-market trading
James Comer said Congress should weigh contract limits or a prohibition after an inquiry into bets made with nonpublic information.
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Kalshi traders price 80% chance of Jensen Huang leaving Nvidia by Dec. 1
The market repriced after allegations of a second undisclosed relationship, even as Nvidia’s board said it retained confidence in its chief executive.
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Democratic sweep puts prediction markets in Congress’s sights
Kalshi and Polymarket face the prospect of tougher oversight after an election that underscored their political reach.
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Horsford presses Congress at G2E to curb prediction-market gambling
The Nevada congressman’s bill would bar federally regulated platforms from packaging sports betting and casino-style games as financial products.