Trump administration backs Kalshi, Polymarket as states move to ban prediction markets

By KEN SWEET

NEW YORK (AP) — The Trump administration is throwing its support behind the prediction market operators Kalshi and Polymarket in a critical legal battle between the growing prediction market industry and states that wish to ban these platforms.

Related Articles

• FBI, St. Paul police probing ICE arrest that resulted in skull fractures
• Judge blocks deportation of Palestinian activist who led protests at Columbia
• Minnesota’s Legislature braces for a federal immigration fight as the enforcement surge wind...