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Kalshi Expands Lobbying Efforts Amid Regulatory Challenges
Kalshi is intensifying its lobbying efforts in Washington, D.C., with over two dozen federal lobbyists to address regulatory challenges facing its prediction market platform. The company supports bipartisan legislation aimed at consumer protection and preventing underage access to its services. However, various bills aimed at regulating prediction markets remain stalled in Congress, and recent court rulings have allowed states to regulate these platforms as gambling.
People
John Bivona
Blanche Lincoln
Tony Hanagan
Jeff Merkley
Josh Gottheimer
Our neutral summary
Kalshi is intensifying its lobbying efforts in Washington, D.C., with over two dozen federal lobbyists to address regulatory challenges facing its prediction market platform. The company supports bipartisan legislation aimed at consumer protection and preventing underage access to its services. However, various bills aimed at regulating prediction markets remain stalled in Congress, and recent court rulings have allowed states to regulate these platforms as gambling.
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