Today’s post is about prediction markets. Kalshi is being sued by users upset that they can’t collect for predicting political assassinations and by states that think they can regulate gambling.

An Israeli Reporter was threatened by Polymarket users for reporting, accurately it seems, that an Iranian missile evaded Israeli defenses and exploded just outside of Beit Shemesh. The users lost their bets (sorry, "predictions") as a result.

#law #contraacts #predictionmarkets #Kalshi #Polymarket #Iran

https://www.contractsprofblog.com/2026/03/two-news-items-on-kalshi/

Pluralistic: Goodhart's Law vs "prediction markets" (24 Mar 2026)

https://fed.brid.gy/r/https://pluralistic.net/2026/03/24/degenerated-gambling/

Pluralistic: Goodhart’s Law vs “prediction markets” (24 Mar 2026) – Pluralistic: Daily links from Cory Doctorow

Axios: Exclusive: Kalshi to preemptively block athletes and politicians from trading on their markets. “Prediction market Kalshi plans to block athletes, coaches and officials from betting on their sports and to block political candidates from trading on their campaigns, Axios has learned.”

https://rbfirehose.com/2026/03/24/exclusive-kalshi-to-preemptively-block-athletes-and-politicians-from-trading-on-their-markets-axios/
Kalshi Has Been Temporarily Banned in Nevada

A judge ordered Kalshi to immediately halt sports and election contracts in the state, intensifying a growing regulatory battle over prediction markets.

WIRED
Kalshi Has Been Temporarily Banned in Nevada

A judge ordered Kalshi to immediately halt sports and election contracts in the state, intensifying a growing regulatory battle over prediction markets.

WIRED
Kalshi Has Been Temporarily Banned in Nevada

A judge ordered Kalshi to immediately halt sports and election contracts in the state, intensifying a growing regulatory battle over prediction markets.

WIRED
A pesar de la amarga rivalidad, los directores ejecutivos de Kalshi y Polymarket respaldan un fondo de haber aventura de mercados de predicciones de 35 millones de dólares – ButterWord

As prediction markets explode, the new firm called 5(c) Capital, will back startups supporting the burgeoning category.

ButterWord

The Regulation Hammer is about to drop!

Prediction Market Vendors may soon face U.S. Federal Gov. ban on sports and casino-style betting like poker, blackjack, and slot machine games. Lawmakers argue these products blur the line between financial markets and gambling.

https://www.cryptotimes.io/2026/03/23/prediction-markets-face-threat-as-senate-bill-seeks-to-kill-sports-betting-contracts/ #CFTC #PredictionMarkets #PolyMarket #Kalshi #Gambling #Betting #SportsBetting #USGov #Regulation #Crypto #Betting

🚫 El Congreso de EE. UU. lanza el proyecto de ley 'BETS OFF Act' para prohibir las apuestas deportivas y de casino en mercados de predicción como #Polymarket y #Kalshi. La presión bipartidista busca frenar el arbitraje regulatorio bajo la supervisión de la #CFTC..