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BIZARRE: 2 | Mind Blowing Facts

George Santos probed by Department of Justice in Trump betting scandal

IN FULL

The Independent UK

George Santos reportedly investigated by DoJ over suspicious Kalshi bets

Disgraced former congressman said to have put bet on whether he would be at Trump’s State of the Union speech

The Guardian - US

Justice Department investigates disgraced former congressman George Santos for alleged Kalshi insider trading: report

Santos’ new alleged scheme reportedly centered around whether he would attend President Donald Trump’s State of the Union address

The Independent UK

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George Santos reported to prosecutors over suspicious Kalshi trades, AP source says

A prediction market reported U.S. Rep. George Santos to federal prosecutors after he boasted he'd be going to President Donald Trump's State of the Union address, then bet against his own attendance

AAP

The North Carolina Tar Heels are the favorites on Kalshi to win the College World Series. Six top-15 teams were eliminated in the regionals.

Sports Illustrated

U.S. Troops Could Face Ban On Prediction Market Bets Under Draft Defense Bill

Lawmakers are seeking new restrictions on military personnel and Pentagon employees as federal regulators and prosecutors increase oversight of prediction markets.

International Business Times

NBA Prediction Market: Spurs vs Knicks on Kalshi and Polymarket Offer Different Angles

Kalshi and Polymarket are offering different value on the NBA Finals. The San Antonio Spurs are favored in the series and Game 1.

Sports Illustrated

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MLB Trade Market: Sandy Alcantara, Tarik Skubal Percent to Be Moved on Kalshi

Kalshi is offering prediction markets for Tarik Skubal and Sandy Alcantara next team. Both have cases to move on from their respective teams.

Sports Illustrated

Kalshi Has Great Odds for Ilia Topuria vs Justin Gaethje for UFC Freedom 250

Ilia Topuria is an overwhelming favorite against Justin Gaethje at UFC Freedom 250. There is more value on Kalshi rather than sportsbooks.

Sports Illustrated

Max Holloway vs Conor McGregor: Everything Kalshi and Polymarket Are Saying

Conor McGregor will make his UFC return at UFC 329. Prediction markets are leaning heavily on Max Holloway over Conor McGregor.

Sports Illustrated

Coinbase, Kalshi bring regulated perpetual crypto futures to US investors

Perpetual futures, or "perps", are derivatives that lack a traditional expiration date, allowing traders to maintain positions indefinitely without the need to roll over contracts. These ‌instruments also permit ⁠high ⁠degrees of leverage - often as much as 50-to-1 - enabling investors to amplify their exposure to market moves.

The Economic Times

Kalshi adds perpetual futures for U.S. traders following thumbs-up from key regulator

The $86 trillion perps market is finally coming onshore.

Fortune

World Cup Kalshi vs Polymarket Odds: Who Offers the Best Value

France is the outright favorite to win the 2026 World Cup on prediction markets. Spain and France have swapped as favorites since the market opened.

Sports Illustrated

NFL Super Bowl Odds on Kalshi and Polymarket: What Prediction Markets Tell You

Kalshi and Polymarket are bullish on the Seattle Seahawks and Los Angeles Rams for Super Bowl 61. There is value in both markets for different teams on the board.

Sports Illustrated

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Sports Illustrated

Kalshi Faces Another Legal Challenge From Rhode Island

Rhode Island Attorney General is suing Kalshi for offering sports prediction. There are 12 states that have taken action against prediction markets.

International Business Times

Traders Echo Pope Leo's Warning That AI Could Trigger Mass Job Losses

Traders on Kalshi are giving a 60% chance that U.S. unemployment will cross 8% at some point before 2030 and a 47% chance that it will cross 9% during the same period, largely as a result of AI implementation.

The Guardian - US

‘Scum’: Trump attacks US states’ efforts to regulate prediction markets

President says federal government must retain regulatory authority as concerns grow over ‘addictive’ platforms

International Business Times

Passage Of CLARITY Act In Doubt As Senate Calendar Tightens And Stablecoin Disputes Deepen

The passage of the crypto CLARITY Act has been thrown into doubt even after a key Senate committee approved the legislation earlier this month.

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The Guardian - UK

Spain blocks access to Polymarket and Kalshi as it launches gambling licence investigation

Prediction sites, which allow bets on all topics from weather to politics, may be in breach of country’s rules

Latin Times

Minnesota Prediction Market Ban Sparks Federal Lawsuit Over Polymarket, Kalshi

The federal government has sued Minnesota over a new law that would make it a felony to operate, host, or advertise prediction markets in the state, opening a major legal fight over platforms such as Polymarket and Kalshi at a time when regulators are already wrestling with questions about gambling,…

Salon

Minnesota takes on Polymarket, Kalshi

The Commodity Futures Trading Commission is suing multiple states for trying to rein in Polymarket and Kalshi

Roll Call

Prediction markets put under spotlight by House Oversight panel

Prediction markets are under new scrutiny from Congress as lawmakers mull a ban on members betting on the platforms. The House Oversight and Government Reform Committee officially launched an investigation Friday into insider trading on the platforms, spurred by suspicious bets on the capture of Venezuelan President Nicolás Maduro and…

Reason

Minnesota Law Banning Prediction Markets Creates Victimless Crime

A Minnesota senator got fined for insider trading on a prediction market. His response was to ban the platforms for everyone in the state.

The Independent UK

Americans expected to wager more than $3B on the World Cup – surpassing Super Bowl

The tournament is expected to generate about $3.1 billion in U.S. online sports bets, with prediction markets adding another $2.4 billion

Roll Call

Will the House ban staff from prediction markets? These members aren’t waiting

As the House faces growing calls to ban trading on prediction markets by members and staff, some are taking things into their own hands. When Rep. Seth Moulton, D-Mass., announced a new internal policy for his office in March, he described it as a way to make a stand as…

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