White House betting controversy, Kalshi legal fight, 44 AGs oppose CFTC proposal, today in prediction market news LIVE Suswati Basu | amznusa.com

White House teleprompter displays speech text amid controversy over alleged Trump-linked prediction market betting.

Today in prediction market news, we’re following the biggest developments shaping the industry, including fresh legal setbacks for Kalshi in its fight with New York regulators, a White House official’s response to allegations involving prediction market bets tied to President Trump, and a coordinated push by 44 state attorneys general urging the CFTC to reject proposed prediction market rules.

We’ll also cover Minnesota’s latest actions on prediction markets, including a new executive order on insider betting and court developments clarifying the state’s enforcement authority, as well as ProphetX’s $35 million funding round, the launch of a prediction market-focused media company, regulatory updates, and other breaking prediction market news throughout the day.

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This articles is written by : Fady Askharoun Samy Askharoun

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