Utah’s Felony Charges Against Kalshi An Extreme Overreach
The Consumer Choice Center calls on Utah to drop the criminal charges against Kalshi’s founders and let the federal courts decide who regulates prediction markets.
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The Consumer Choice Center calls on Utah to drop the criminal charges against Kalshi’s founders and let the federal courts decide who regulates prediction markets.
At the end of September, the U.S. Court of Appeals for the 6th Circuit ruled against Kalshi, the prediction market platform. The judge ruled that states have the right to…
Prediction markets are making major headlines, and one question keeps coming up: Isn’t this just gambling? A prediction contract and a sportsbook wager can hinge on the same outcome (who…
The NFL told the Supreme Court last Thursday that it’s “well established — that regulating gambling is among states’ sovereign police powers — What constitutional power allows Congress to override…
CCC argues that legitimate consumer-protection concerns should be addressed directly rather than by forcing prediction markets into gambling laws written for casinos and sportsbooks, which remain fundamentally distinct.
A federal judge in Illinois rightly ruled on October 2nd that the state cannot apply its sports-wagering licensing requirements, or the criminal penalties attached to them, to event contracts listed on Kalshi
Though outcome markets are lumped together with sports gambling websites, they clearly offer something different to users and observers.
Bad actors on prediction markets are being identified, suspicious trades get flagged, platforms cooperate with authorities, and enforcement quickly follows. That is exactly what a functioning financial ecosystem is supposed to do.
Enough doomerism on Prediction Markets. What are the pros to making trades on knowledge?
The Commodity Futures Trading Commission (CFTC) has issued a new staff advisory on event contracts,
Prediction markets turn dispersed knowledge into legitimate forecasts, creating actionable value that outperforms legacy polling or punditry. They’re beautiful.
Free markets are not free-for-alls. A MrBeast insider gets busted for “insider trading” on Kalshi
