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prediction markets

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California Primary Election

Politics Sep 08

2026's elections could test how skyrocketing trading on prediction markets affects races and results

By Marc Levy, Associated Press

Politics Aug 31

US-NEWS-SANTOS-NY
Kalshi permanently bans ex-Congressman George Santos for life after concluding he likely was insider trading

The company announced the ban after saying its compliance department had established reasonable cause to believe Santos engaged in insider trading over his attendance at the State of the Union, when he turned a $17,839 profit on his trading activity.

By Larry Neumeister, Associated Press

Politics Jul 16

FILE PHOTO: 2024 U.S. Presidential Election Night, at Palm Beach County Convention Center, in West Palm Beach, Florida
Trump's teleprompter operator on unpaid leave over alleged Kalshi bets on Trump speeches

President Donald Trump’s teleprompter operator is on unpaid leave after reports that he used his inside knowledge to make bets about the president’s speeches on the online prediction market Kalshi, the White House said Thursday.

By Bill Barrow, Associated Press

Politics Jul 16

U.S. President Trump reads from teleprompter as he touts his Florida environmental policies during campaign stop in Jupite...
WATCH: Trump believes his Kalshi-betting teleprompter operator is a 'disgrace,' Leavitt says

Leavitt added that no other staffers are under investigation and that the White House counsel had no awareness of the alleged bets.

By Hannah Grabenstein

Politics Apr 30

The U.S. flag flies in front of the dome atop the U.S. Capitol in Washington
Senate bans members and staff from betting in prediction markets

Prediction markets, including the betting platform Polymarket and its chief rival Kalshi, have come under scrutiny as the business has expanded.

By Mary Clare Jalonick, Associated Press

Apr 28

U.S. soldier pleads not guilty to using Maduro raid intel to win $400,000 on Polymarket

By Michael R. Sisak, Larry Neumeister, Associated Press

A U.S. special forces soldier pleaded not guilty Tuesday to charges that he used classified information about the mission to capture former Venezuelan leader Nicolás Maduro to win more than $400,000 on the prediction market Polymarket.

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Apr 24

Watch 5:53
Soldier's arrest over Polymarket bet on Maduro raid fuels insider trading concerns

By Amna Nawaz, Liz Landers, Doug Adams

A Special Forces soldier who helped plan the capture of Venezuelan President Nicolas Maduro was indicted for allegedly using classified information about the raid to make prediction market bets. It is raising new concerns about insider trading and the need…

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Apr 23

U.S. soldier charged with using classified intel to win more than $400K in bet on Maduro raid

By Hallie Golden, Associated Press

Gannon Ken Van Dyke was part of the operation to capture Maduro in January and used his access to classified information to make money on the prediction market site Polymarket, the federal prosecutor’s office in New York said.

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Apr 23

Kalshi fines and suspends 3 congressional candidates for betting on their own elections

By Jesse Bedayn, Associated Press/ Report for America, Safiyah Riddle, Associated Press

Three congressional candidates wagered on the outcome of their own elections on Kalshi, according to the prediction market, which said Wednesday that it fined and suspended the men from their platform for five years.

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Apr 23

Trump's threats against Iran are a boon for prediction markets, including some backed by his son

By Bernard Condon, Associated Press

Traders flocked to Polymarket this month to bet on whether Trump really was going bomb Iran back to the Stone Age or just call a ceasefire.

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Full Episode
Thursday, Sep 10
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