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UNCOVERED: 2 - Caught on Camera

New York Wants a $36 Billion Cut From Kalshi, Calling It an 'Illegal Gambling Operation'

Casting Kalshi as an out-of-control gambling platform makes it easier for the state to take money from the company and its users.

Federal Judge Halts Minnesota's Prediction Market Ban, Signaling Other States' Efforts Might Be Illegal Too

Federal Judge Halts Minnesota's Prediction Market Ban, Signaling Other States' Efforts Might Be Illegal Too

A preliminary injunction will keep Kalshi and Polymarket active in the state after a district judge found federal law preempts the state's ban.

Hogs Falling Back on Monday

Hogs Falling Back on Monday

Lean hog futures are down $1.30 to $2 at midday, with nearby August up a tick. USDA’s national base hog price was not reported on Monday morning due to thin volume. The CME Lean Hog Index was another 33 cents higher on July 23 at $97.91. The weekly CFTC Commitment...

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US Stock Market: Exchange operators brace for earnings amid trading boom, regulatory overhang

US exchange operators begin quarterly earnings season this week. Strong trading activity is expected to offset regulatory concerns and competition. New cryptocurrency derivatives pose a challenge to established market players. Analysts anticipate management discussions on evolving market dynamics and strategies. Mixed financial results are projected due to challenging year-on-year comparisons.

The Economic Times

Kalshi's 'chronically online' war room figured out World Cup virality — and realized AI might be bringing back the monoculture

Here's how a 20-person team turned the World Cup into a $24 billion trading moment, and discovered something unexpected about what AI is doing to culture.

Hogs Trading Mixed on Monday

Lean hog futures are mixed at midday, with most contracts within 35 cents of unchanged. USDA’s national base hog price was not reported on Monday morning due to low volume. The CME Lean Hog Index was 50 cents higher on July 15 at $95.10. The weekly CFTC Commitment of Traders...

White House Betting Scandal: Trump's Teleprompter Operator Allegedly Won $100K Betting on Words Trump Would Use in Speeches

Trump's longtime teleprompter operator Gabriel Perez is on unpaid leave amid a federal probe into allegations he used insider access to speech scripts to win over $100,000 on Kalshi prediction markets.

International Business Times UK

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White House teleprompter operator accused of making over $100K betting on Trump’s speeches

White House teleprompter operator accused of making over $100K betting on Trump’s speeches

Insider trading now includes betting on the President's typos

We Got This Covered

Trump's Voice Is 'Cooked' During Live Speech After His Teleprompter Guy Got Busted Betting $100K On It

Trump's Voice Is 'Cooked' During Live Speech After His Teleprompter Guy Got Busted Betting $100K On It

Donald Trump's hoarse, 'cooked' voice and stumbles on a new teleprompter operator overshadow a White House address, hours after his usual teleprompter guy was benched over a $100k betting scandal.

International Business Times UK

Trump Aide Turned His Boss's Speeches Into $100K Winnings: President Calls Betting Scheme a 'Disgrace'

Trump Aide Turned His Boss's Speeches Into $100K Winnings: President Calls Betting Scheme a 'Disgrace'

White House teleprompter operator Gabriel Perez faces unpaid leave amid allegations of insider trading on prediction markets, using Trump's speech details to win over $100,000.

International Business Times UK

Trump's teleprompter operator under federal probe over alleged $90,000 Kalshi insider trading bets

Trump's teleprompter operator under federal probe over alleged $90,000 Kalshi insider trading bets

Donald Trump's teleprompter operator, Gabriel Perez, faces federal investigation for alleged insider trading. He is currently on unpaid leave from the White House after this development. The investigation focuses on trades made on prediction market platform Kalshi. Kalshi detected suspicious activity and alerted regulators, freezing Perez's account. Perez is reportedly…

The Times of India

White House teleprompter operator put on leave over alleged bets on Trump speeches

White House teleprompter operator put on leave over alleged bets on Trump speeches

Karoline Leavitt calls apparent bets on Kalshi prediction platform ‘deeply unfortunate and frankly a disgrace’

The Guardian - US

White House teleprompter operator put on leave for betting on Trump’s speeches

White House teleprompter operator put on leave for betting on Trump’s speeches

The Independent UK

A Trump Teleprompter Operator Allegedly Used Kalshi to Bet on the President's Speeches. Federal Regulators Took Notice.

A Trump Teleprompter Operator Allegedly Used Kalshi to Bet on the President's Speeches. Federal Regulators Took Notice.

Gabriel Perez is negotiating a settlement with the Commodity Futures Trading Commission (CFTC) over allegations that he wagered on Trump's speeches using nonpublic information obtained through his job.

International Business Times

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Hogs Holding Mixed at Midday

Lean hog futures are mixed with July up a tick and other contracts down 50 cents. USDA’s national base hog price was not reported on Monday morning due to low volume. The CME Lean Hog Index was 34 cents higher on July 9 at $92.69. The weekly CFTC Commitment of...

International Business Times

Crypto Bill Fight Moves Back To The Senate As White House Rejects Claims It Is Refusing To Make Nominations For Key Appointments

The White House pushed back Thursday against claims that it has refused to nominate Democratic commissioners to key financial regulators, adding another dispute to the debate over U.S. cryptocurrency rules as the Senate prepares to return from recess.

The Economic Times

Federal Judge rejects Kalshi bid to block New York gambling enforcement law

In a decision on Tuesday, US District Judge Analisa Torres in Manhattan said Kalshi did not deserve a preliminary injunction, because the ‌federal Commodity ⁠Exchange Act ⁠did not supersede New York's gambling laws as applied to Kalshi's sports-event contracts.

Hogs Weakness Continuing on Tuesday

Lean hog futures are down a quarter to $2.02 so far on Tuesday. USDA’s national base hog price was not reported on Tuesday morning due to thin trade. The CME Lean Hog Index was back down 12 cents on July 2 at $91.55. CFTC data showed managed money adding 1,807...

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Hogs See Mixed Action on Monday

Lean hog futures were mixed on Monday, with contracts down 50 cents to 90 cents higher at the close. USDA’s national base hog price was not reported on Monday afternoon due to thin trade. The CME Lean Hog Index was back up 19 cents on July 1 at $91.67. CFTC...

Meta Shows Urgency as Investors Get Exasperated But Don't Expect a Major Rally Yet

Meta has announced a flurry of new initiatives and is reportedly looking to launch a prediction markets app. While these are steps in the right direction, don't expect a major rally yet.

International Business Times UK

'Deeply Troubling': Senators Demand CFTC Probe Into Polymarket's Deceptive Ads as Revenue Surpasses $1 Billion

Prediction market's US expansion lifts revenue past $1B, but senators probe claims of fake trades, simulated sites and undisclosed paid influencers in promotional campaigns.

What Are Perpetual Futures and Where Can You Trade Them?

Learn how perpetual futures work, why they’re expanding into regulated markets, and what risks and opportunities traders need to understand.

Polymarket's Alleged Fake Trades Don't Justify a Crackdown on Prediction Markets

A Wall Street Journal investigation uncovered $1.9 million in fake bets to market the platform. Punishing the prediction market industry isn't the answer.

Polymarket allegedly faked trades. Chances are slim Trump admin investigates, says sports-betting attorney

A recent Wall Street Journal investigation found that the prediction market allegedly hired influencers to stage fake trades as part of its marketing campaign to attract U.S. users.

The Guardian - US

Prediction markets surge in US as public health advocates call for support to combat gambling

Platforms like Kalshi and Polymarket operating in areas with limited resources for people with gambling problems

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