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 from the government watchdog group OpenSecrets. Prediction market platforms say they are like commodity markets that offer contracts to speculate on the future […]
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