Wanna bet? Washington steps up scrutiny of prediction markets - AP News
WorldBy Steven Sloan, Ken Sweet4/17/20261 min read
A controversy has erupted over prediction markets such as Polymarket and Kalshi. On April 3, bets were placed on Polymarket on when a U.S. airman would be rescued from Iran. After Rep. Seth Moulton criticized this, Polymarket halted the betting. Well-timed tr…
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WASHINGTON (AP) As the United States was preparing a daring mission to rescue an airman whose fighter jet was shot down by Iran, there was money to be made.
Users on Polymarket, the worlds largest p