Interesting news, the US government is suing Arkansas because the state filed a lawsuit against Kalshi, accusing the platform of operating an illegal gambling business.
This is the first time I've heard of the US government suing one of its own states, or maybe prediction markets are becoming more confident because the federal government is defending them in these legal battles. This is just Kalshi, so how much more for Polymarket, which also has the backing of Trump Jr.
Read the story.
Feds and CFTC sue Arkansas over prediction market crackdown
