U.S. Senators bans themselves from trading on prediction markets

U.S. Senators bans themselves from trading on prediction markets Rob Beschizza 11:40 am Thu Apr 30, 2026 Image: Jason Patrick Ross / shutterstock.com The United States Senate did something good, today: it unanimously banned members from trading on prediction markets (the tech term of art for sites that let you gamble on anything) and the rule is effective immediately. The main sites, Kalshi and Polymarket, are often in the news due to the constant insider trading and "contracts" (the tech term of art for bets) that involve death, violence, war and other controversial subjecs. Those aware of President Trump's next moves have made big money there, including, prosecutors claim, one of the U.S. Army Special Forces soldiers who captured Venezuelan president Nicolás Maduro.

…

Excerpt limited to ~120 words for fair-use compliance. The full article is at Boing Boing.