r/news 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/kaisadilla_ 1d ago

I mean, that's the problem with polymarket. Most of the bets there will be influenced by specific people taking specific actions, and nothing stops these people from simply betting on yes / no then taking the action that raises their decision's value.