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Prediction markets spent at least $3 million on US political influence
Kalshi directed money to governors and attorneys general while spending nearly $1 million on federal lobbying in the first half of 2026.
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Montana pauses Kalshi enforcement while Ninth Circuit rehearing petition is pending
The state will not pursue investigations or cease-and-desist action against the prediction-market operator during a defined review period, but the agreement leaves the legal dispute unresolved.
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Underdog sues five states over prediction markets
The company says state gambling laws are pre-empted by federal commodities rules.