A new report from The Intercept examines how prediction market platforms Kalshi and Polymarket are increasing their Democratic hires and campaign spending. The findings come as Congress is expected to launch probes into betting markets. The report notes that Kalshi, which has been described as cozy with the Trump administration, is simultaneously ramping up its political engagement on the Democratic side.
A new report highlights Kalshi and Polymarket’s Democratic hires and spending just as Congress is expected to launch probes into betting markets. The post Kalshi Is Cozy With Trump — But It’s Ramping Up Dem Hires and Campaign Spending appeared first on The Intercept.
