Thursday, prediction market Kalshi sued Rhode Island to prevent the state from stopping the apps operation in the Ocean State. Prediction markets are like betting but regulated differently. Following the lawsuit, Rhode Island Attorney General Peter Neronha sued both Kalshi and Polymarket for operating in the state illegally. The AG joins Gene to discuss prediction markets along with his thoughts on the proposed Office of the Inspector General 

Thursday, prediction market Kalshi sued Rhode Island to prevent the state from stopping the apps operation in the Ocean State. Prediction markets are like betting but regulated differently. Following the lawsuit, Rhode Island Attorney General Peter Neronha sued both Kalshi and Polymarket for operating in the state illegally. The AG joins Gene to discuss prediction markets along with his thoughts on the proposed Office of the Inspector General&nbsp;

The News with Gene Valicenti

Wake up with Rhode Island’s Anchorman Gene Valicenti for your daily dose of news, talk, and analysis. Weekdays from 6am-9am.

 

Wake up with Rhode Island&rsquo;s Anchorman Gene Valicenti for your daily dose of news, talk, and analysis. Weekdays from 6am-9am.
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