As Spencer Pratt fell behind in the Los Angeles mayoral primary, an unexpected group began claiming election fraud: people tracking the Republican's success on prediction markets, the increasingly ...

The significant boom of prediction markets is pushing U.S. elections into uncharted territory, prompting concern and scrutiny about the risks and regulation of betting on political outcomes. Kalshi, ...

As the U.S. heads toward November’s midterm elections, a growing number of investors and political observers are turning to prediction markets like Kalshi and Polymarket to gauge who might win.

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The prediction market Kalshi suspended three political candidates from its platform on Wednesday for “political insider trading” after an internal probe found that they bet on their own campaigns.

Sens. Jeff Merkley, D-Ore., Elizabeth Warren, D-Mass., and Rep. Jamie Raskin, D-Md., on Thursday introduced legislation to ban prediction market bets on sports, war, elections and government actions.

Add Yahoo as a preferred source to see more of our stories on Google. Polymarket advertisements predict a victory for Zohran Mamdani in the New York City mayoral election in November 2025. (Olga ...

WASHINGTON — As Spencer Pratt fell behind in the Los Angeles mayoral primary, an unexpected group began claiming election fraud: people tracking the Republican’s success on prediction markets, the ...

This is read by an automated voice. Please report any issues or inconsistencies here. See more from the L.A. Times in Google Search. Set us as preferred The rapid rise of prediction markets has ...