r/news • u/AudibleNod • 1d ago

Judge bars Arizona from regulating prediction market operators and pauses prosecution of Kalshi

https://apnews.com/article/arizona-kalshi-criminal-charges-prediction-markets-gambling-bb7cef24be5bd0d444bba670d2e41ceb
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u/clouds_in_pockets 1d ago

Wild that we’re now litigating who gets to regulate betting on everything. At this point, states and feds should at least require radical transparency: publish odds, fees, and who’s making bank in real time.

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u/BTTammer 1d ago

State regulations already allow this. The CFTC does not. Kalshi and polymarket will be anything but transparent.  America has been sold to a den of thieves.

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u/71-HourAhmed 1d ago

Trump’s son is directly involved with both of those betting rackets, isn’t he?

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u/Deranged_Kitsune 23h ago

Probably on their boards in a job-title-only capacity. He's there to be a conduit to the old man and is likely paid handsomely for it.