alt.hn

4/11/2026 at 6:33:56 PM

Judge bars Arizona regulating prediction market, pause prosecution of Kalshi

https://apnews.com/article/arizona-kalshi-criminal-charges-prediction-markets-gambling-bb7cef24be5bd0d444bba670d2e41ceb

by 1659447091

4/11/2026 at 9:46:39 PM

Key point to explain why states aren't being allowed to regulate gambling (oh, pardon me, "financial markets"):

"President Donald Trump’s eldest son is an adviser for both Kalshi and Polymarket and an investor in the latter. Trump’s social media platform Truth Social is also launching its own cryptocurrency-based prediction market called Truth Predict."

by mikestew