Kalshi unveiled Americans for Fair Markets, an advocacy group to help shape policymakers’ perception of prediction markets.

FairPredicts launched a six-figure DC ad campaign targeting Kalshi as Senate scrutinizes prediction markets amid insider trading concerns and state lawsuits.

Rep. James Comer told CNBC that he is investigating how Kalshi and Polymarket prevent insider trading on their platforms.

An advocacy group focused on prediction markets has emerged with support from former White House Deputy Chief of Staff Taylor Budowich.

Kalshi unveiled Americans for Fair Markets, an advocacy group to help shape policymakers’ perception of prediction markets.

Rep. James Comer is requesting information from Kalshi and Polymarket on how the prediction markets guard against insider trading.

The investigation comes as lawmakers on Capitol Hill push competing proposals to regulate the prediction market industry.

Americans for Fair Markets, backed by Kalshi, launches with Trump aide Taylor Budowich as advisor to battle the gaming lobby over prediction market regulation.

Kalshi has backed the launch of the lobby group, Americans for Fair Markets, which aims to shape federal policy for federally regulated prediction markets.