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25 Kommentare
Prediction Markets (really, online gambling on inside information) is already corrupting sports, journalists and politicians. It is a societal choice to platform a gambling market that incentivizes widespread bribery.
I’ve literally wondered every time I see a Kalshi ad how it could be legal. Just because they use the word „trade“ instead of „bet“ doesn’t mean it’s not just gambling. It is 100% indistinguishable from gambling.
This was always going to happen. You cannot dress up gambling as a prediction market forever and expect every state to just smile and allow it.
Arizona finally pushed back hard.
I bet if Devon Booker had done that Giannis commercial they wouldn’t have any problems.
Yet my AG is bitching about loot box aftermarket economic activity on steam… ffs
So this should be immune from a presidential pardon I presume. If not then how much do you think Kalshi perps pay for one?
Somewhere in Milwaukee, Giannis is tightening his fist.
What took so long?
Good. It’s fucking weird that you can bet on political actions. Seem ripe for conflicts of interest
Wonder if there’s a market on Kalshi on whether it’s going to be convicted or not. Considering Trump Jr is on their board, specifically to prevent a conviction one assumes, this will get interesting.
Can I bet on this resulting in nothing more than a fine they’ll recoup after one quarter?
This isn’t implying some bullishness towards them but the strangle hold public companies have on those in charge.
Good get all this shit the f out
Good. Gambling sites should be regulated like crazy.
It’s about time
I’m probably not the only one who got a screenshot of a Kalshi ad directly above this post.
Cue executive order protecting prediction markets within the next month
Those misdemeanor charges and potential total fine of 200k will really have Kalshi shaking in their boots
It’s obvious gambling.
It’s essentially the plot of the movie Rat Race, with the oligarchs making foolish bets on everything. But now they’re doing it with the stock market and war instead of creating wacky cross country races with Jon Lovitz and Mr Bean.
What are the chances of that happening?
Kris Mayes, the Arizona AG, won by 200 votes in 2022.
*MAKE SURE SHE IS RE ELECTED.*
I expected Nevada and New Jersey first for more cynical reasons, but I’m glad to see it happening anywhere.
>“Kalshi may brand itself as a ‘prediction market,’ but what it’s actually doing is running an illegal gambling operation and taking bets on Arizona elections, both of which violate Arizona law,”
Does anyone actually disagree? It seems very straightforward.
the fact that it exists at all is repugnant.
Good fuck Kalshi shit is creepy as fuck. It’s somehow makes online sports betting seem tame by comparison.
I love Kris Mayes. GETTUM