Bipartisan group of Pa. lawmakers target insider trading in prediction markets

Bipartisan group of Pa. lawmakers target insider trading in prediction markets

Unregulated prediction markets are allowing Americans across the country to bet on things that Americans may never have been able to bet on in the past.  For instance, on Kalshi, Polymarket, or other platforms, you can place bets on the chances of there being a recession in 2027, Democrats flipping the US House after November’s election, or the Pittsburgh Pirates making the playoffs for the first time since 2015.  However, a bipartisan group of …