Prediction Markets Spend Millions to Influence State, Federal Governments • Rhode Island Current
OpenSecrets found Kalshi alone spent nearly $1 million on federal lobbying as the industry fights state gambling rules and seeks CFTC oversight.
4 Articles
4 Articles
Prediction markets spend millions to influence state, federal governments • Rhode Island Current
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 […]
Prediction markets spend millions to influence state, federal governments
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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