Vue lecture

My son has cancer. Kalshi wants you to be able to bet on his medical future | Joshua Pederson

The predictions market is planning to allow betting on clinical trial results and regulatory decisions as our family fights for his survival

My son is 12 years old. No matter how many Legos we get him, he will only build robotic mechs. He draws haunting pictures in pen and ink but refuses to take an art class. He was devastated to learn that Chuck E Cheese is phasing out its animatronics. His guidance counselor says he’s so kind, he’s really hard to say no to. He sneezes when he steps out into the sunlight. And he also has a very aggressive tumor growing inches below his heart.

Further, if Kalshi has its way, you could soon be able to bet on health treatments that could be essential to his survival.

Joshua Pederson is professor of humanities at Boston University and the author of Sin Sick: Moral Injury in War and Literature

Continue reading...

© Photograph: Dado Ruvić/Reuters

© Photograph: Dado Ruvić/Reuters

© Photograph: Dado Ruvić/Reuters

  •  

George Santos Fined Over Bets on State of the Union on Kalshi Prediction Market

A federal regulator fined the former lawmaker $35,000 over allegations of insider trading by placing bets on Kalshi about whether he would attend the State of the Union address in February.

© Adam Gray for The New York Times

Former Representative George Santos was fined over allegations he engaged in insider trading by betting on his attendance at the State of the Union address in February.
  •  

Minnesota Judge Blocks First State Ban on Prediction Markets Like Kalshi and Polymarket

The law, which would make it a felony for most prediction markets to operate and advertise in the state, was set to take effect on Saturday.

© Eric Helgas for The New York Times

Prediction markets like Kalshi and Polymarket have surged in popularity in recent months.
  •  
❌