Wanna bet? Washington steps up scrutiny of prediction markets
Associated Press
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FILE - An advertisement for prediction market platform Kalshi hangs at 13th and L Streets in northwest Washington, April 1, 2026. (AP Photo/Allison Robbert, File)FILE - Rep. Seth Moulton, D-Mass., questions Office of Management and Budget Acting Director Russell Vought as he testifies during a hearing of the House Budget Committee on Capitol Hill, Feb. 12, 2020, in Washington. (AP Photo/Alex Brandon, File)FILE - Sen. Todd Young, R-Ind., departs following votes at the Capitol, March 5, 2026, in Washington. (AP Photo/Allison Robbert, File)A laptop displays trades on the Kalshi website on Thursday, April 16, 2026, in Portland, Ore. (AP Photo/Jenny Kane)
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FILE - An advertisement for prediction market platform Kalshi hangs at 13th and L Streets in northwest Washington, April 1, 2026. (AP Photo/Allison Robbert, File)