Judge bars Arizona regulating prediction market, pause prosecution of Kalshi

1659447091 12 points 1 comment April 11, 2026
apnews.com · View on Hacker News

Discussion Highlights (1 comments)

mikestew

Key point to explain why states aren't being allowed to regulate gambling (oh, pardon me, "financial markets"): "President Donald Trump’s eldest son is an adviser for both Kalshi and Polymarket and an investor in the latter. Trump’s social media platform Truth Social is also launching its own cryptocurrency-based prediction market called Truth Predict."

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