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Senate bans members and staff from betting in prediction markets

Prediction markets, including the betting platform Polymarket and its chief rival Kalshi, have come under scrutiny as the business has expanded.

WASHINGTON (AP) — The Senate has approved a bipartisan resolution to prevent its own members from using prediction markets, banning senators who are often privy to sensitive information from making bets on upcoming events.
The measure that passed una… [2913 chars]

Source: PBS News | Published: 2026-04-30T18:18:32Z

Credit: PBS News

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