Prediction markets spend millions to influence state, federal governments

Prediction market platforms have spent at least $3 million on lobbying and campaign contributions this year. These platforms offer contracts to speculate on future events.
Kalshi, Polymarket and the Coalition for Prediction Markets have spent at least $3 million this year on lobbying and campaign contributions across the federal and state levels, according to a new report
READ NEXT
More on the wire
AI TLDR
Three transgender women detained at the Central Louisiana ICE Processing Center in Jena have alleged they are experiencing abuse and transphobia at the facility.
AI TLDR
Community members and faith leaders held an interfaith vigil at England Airpark in Alexandria, Louisiana, regarding a new family and children detention facility.
AI TLDR
Louisiana offshore wind energy companies are looking toward future opportunities beyond the current political administration. The industry previously contributed to the construction of the Block Island Wind Farm in 2016.