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Scroll Launch Blog8 min read
prediction markets
5 stories
A senator tried to ban gambling on prediction markets—now she's a Kalshi lobbyist
Sen. Blanche Lincoln wrote law that let US ban sports-event contracts. She lobbies for the other side now.
Ars Technica1 min read
Kalshi’s COO thinks prediction markets can beat the polls
Prediction markets incentivize truth. Everything else incentivizes clickbait. That’s the core argument Luana Lopes Lara makes for Kalshi, the prediction market platform she co-founded that has gone from $5 billion to $22 billion in valuation in under a year and is now being sued by New York’s…
Fast Company — Technology7 min read
Why prediction markets might take a bite out of New York's tax revenue
Online sports betting has generated over a billion in tax revenue for New York, but prediction markets could take a bite out of that.
Business Insider - AI3 min read
Polymarket faces a lawsuit in New York with claims it’s operating an illegal gambling platform
New York sued the prediction market Polymarket on Thursday, arguing the platform is an unlicensed gambling operation and calling for a judge to block the company from operating in the state.The lawsuit is the latest legal challenge from a state moving to rein in popular and now-ubiquitous betting…
Fast Company — Technology2 min read
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