Thank you to The Hill for publishing my opinion piece on the recent proliferation of prediction markets. You can read it at the link below.
thehill.com/opinion/fina...
thehill.com
Closing the loophole: Prediction markets disguised as financial derivatives
Congresswoman Dina Titus argues that prediction market platforms like Kalshi exploit a regulatory loophole by labeling sports bets as financial derivatives to avoid state-level consumer protections…