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Politics / United States

A senator tried to ban gambling on prediction markets—now she's a Kalshi lobbyist

Ars Technica Jon Brodkin
Summary

PolicyBiden AdministrationBlanche LincolnCommodity Futures Trading CommissionEvent Contracts

From the report

In July 2010, US Senator Blanche Lincoln predicted the rise of prediction markets and the problems they could cause.

Blanche Lincoln, who opposed sports-event contracts as a US senator in 2010, now lobbies in favor of sports gambling on prediction markets for her client, Kalshi.
Blanche Lincoln, who opposed sports-event contracts as a US senator in 2010, now lobbies in favor of sports gambling on prediction markets for her client, Kalshi.

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