Reposted by 3doghouse
"The Trump administration is going to bat for the prediction market industry, now tangled in lawsuits in at least 20 states."
Don Jr. holds investments in both Kalshi and Polymarket
David Moore for @sludge.bsky.social
readsludge.com
Trump's CFTC Is Suing States for Kalshi and Polymarket, Backed by Trump Jr.
The prediction market companies have been loading up on revolving-door lobbyists from both the Democratic and Republican sides, while ramping up their influence spending amid legal battles with state ...