Tag: prediction markets

Reporter Reveals George Santos Threatened Him Over Betting Fraud Story

“Everyone in America—whether you’re a Republican, an independent or a Democrat—says that we need to tell Netanyahu that America calls the shots, not the prime minister of any other country,” Khanna said. “They want less cooperation and blank checks to Israel, not more. Only the United States Congress would dream up at this moment, ‘Let’s […]

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Prediction Markets Are Learning From the Addiction Industry

In many ways, this effort mirrors that of prediction markets today, which claim to offer a different, better product for their customers than traditional gambling. But the rise in prediction markets has not led to a decline in gambling addiction, nor does it truly offer its customers a healthier option to gambling. According to one […]

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George Santos Under Investigation Again Because He Can’t Help Himself

“I heard that the other day for the very first time, I said, ‘He tricked me?’ I’m the one that started it because, again, I don’t wanna bore anybody, but I started it because we can’t let them have a nuclear weapon,” Trump said. “Now that pertains to Israel because they probably would’ve been the […]

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George Santos Under Investigation Again Because He Can’t Resist Fraud

“I heard that the other day for the very first time, I said, ‘He tricked me?’ I’m the one that started it because, again, I don’t wanna bore anybody, but I started it because we can’t let them have a nuclear weapon,” Trump said. “Now that pertains to Israel because they probably would’ve been the […]

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George Santos Is Under Investigation Again Because He Can’t Help Himse

“I heard that the other day for the very first time, I said, ‘He tricked me?’ I’m the one that started it because, again, I don’t wanna bore anybody, but I started it because we can’t let them have a nuclear weapon,” Trump said. “Now that pertains to Israel because they probably would’ve been the […]

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Trump’s War Sparks Tsunami of Insider Trading

Across the board, voters disapprove of everything Trump is doing by majorities approaching 60 percent, according to the poll. About 59 percent of them disapprove of how he is handling his job as president, and 56 percent disapprove of how he’s handling immigration. 64 percent don’t approve of what he’s doing with the economy. Trump […]

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Campaign Staff Are Making Bank by Betting on Own Candidates

“Louise Lucas is a … fairly prominent legislator in her state, but not known nationally, and the FBI and the Department of Justice have been investigating her for several years—three years, I’m told by a source familiar with the probe—and that investigation has been looking at evidence suggesting that she solicited or accepted bribes,” MS […]

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The Media’s Embrace of Prediction Markets Could Be a Devil’s Bargain

These partnerships could also potentially help prediction markets in future legal arguments, if they need to make the case that there is added societal benefit to their product. Several states have filed lawsuits against prediction markets, alleging that they violate state gaming laws. The Trump administration has pushed back, suing some states for trying to […]

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Trump Has Mindblowing Reaction to Insider Trading on Maduro Capture

First, DeSantis’s office has redrawn the new congressional districts in secret, rejecting state legislators’ calls for an open process during their regular session in January. DeSantis is the first governor in state history to submit his own secretly drafted maps, and as of Thursday night, Florida lawmakers still haven’t seen them. The hidden process frustrates […]

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Trump Has Mindblowing Reaction to Soldier Allegedly Betting on Maduro

First, DeSantis’s office has redrawn the new congressional districts in secret, rejecting state legislators’ calls for an open process during their regular session in January. DeSantis is the first governor in state history to submit his own secretly drafted maps, and as of Thursday night, Florida lawmakers still haven’t seen them. The hidden process frustrates […]

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White House Begs Staffers to Stop Placing Bets on Prediction Markets

“In the Administration’s view, the records of the official activities of the President and nearly 1,000 White House employees—generated using taxpayer funds, on government property, regarding official government business—belong to the President personally, and not to the American people,” the complaint reads. “Government for the people, by the people, and of the people this is […]

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One “Lucky” Trader Made $1 Million on Polymarket Iran Bets

But Iran’s foreign ministry quickly denied the news and claimed that there has been “no dialogue” between the two countries, with one top official adding that Trump “retreated after hearing that our targets would be all power plants in West Asia.” When questioned about Iran’s response later on Monday morning, Trump stuck to his story.  […]

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One “Lucky” Trader Made Nearly $1 Million on Polymarket Iran Bets

But Iran’s foreign ministry quickly denied the news and claimed that there has been “no dialogue” between the two countries, with one top official adding that Trump “retreated after hearing that our targets would be all power plants in West Asia.” When questioned about Iran’s response later on Monday morning, Trump stuck to his story.  […]

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One “Lucky” Trader Hit Jackpot on Polymarket With Iran Bets

But Iran’s foreign ministry quickly denied the news and claimed that there has been “no dialogue” between the two countries, with one top official adding that Trump “retreated after hearing that our targets would be all power plants in West Asia.” When questioned about Iran’s response later on Monday morning, Trump stuck to his story.  […]

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Prediction Markets Are Eroding Our Civic Soul

Compared to what you can bet on now, the small-beer trading on presidential futures at one of the earliest “world event” platforms, the Iowa Electronic Market, seems quaint or even harmless. Kalshi partner CNN has some restrictions around the goriest markets; both CNN and Kalshi’s newest partner, the AP, have positioned their use of the […]

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Trump’s CFTC Tries to Stop States From Regulating Prediction Markets

That November 2024 meeting involved Kirk, Trump, TikTok CEO Shou Zi Chew, and a slideshow with a swath of visual graphics that Kirk knew would sway the incumbent Republican. Kirk and Chew wanted to stall the impending congressional ban on the app, and they succeeded by appealing to the president’s vanity. One slide, obtained by […]

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