‘Canary in the coal mine’: States threaten crackdown on election betting
(NEW YORK) -- On prediction markets like Kalshi and Polymarket, bettors can put money on dozens of election-related bets in Maryland, from the winner of the upcoming gubernatorial race to the margin of victory in the state's 6th Congressional District. For most Americans, the Maryland elections are fair game -- races in the state are already generating hundreds of thousands of dollars in trading volume on the major prediction markets. But not for residents of […]