Wisconsin Elections Commission warns voters that betting on elections they participate in may disqualify ballots, sparking backlash from prediction market company Kalshi, which calls the law 'voter suppression'. Experts raise concerns over election integrity.
Over 24 proposed prediction market ETFs from issuers like Roundhill and Bitwise remain stalled by the SEC, which is scrutinizing fund mechanics and investor disclosures. These ETFs aim to track outcomes of elections, cryptocurrency prices, and commodity values, but regulatory uncertainty delays their market entry.
Former Conservative lawmaker Craig Williams admitted using insider information to bet on the UK general election date. He pleaded guilty at Southwark Crown Court, citing a "huge error of judgment" after placing bets with confidential knowledge.
Former Conservative MP Craig Williams has pleaded guilty to cheating at gambling by placing bets on the 2024 general election date using confidential information. He was an aide to then-PM Rishi Sunak. Amy Hind also pleaded guilty, while 12 co-defendants pleaded not guilty.
