Former Senator Who Attempted to Ban Prediction Market Gambling Joins Kalshi as Lobbyist
Former US Senator Blanche Lincoln, who previously authored legislation to restrict sports-event gambling contracts, has registered as a lobbyist for prediction market platform Kalshi. This high-profile career pivot highlights the ongoing revolving door between federal lawmakers and the emerging financial tech sector, raising questions about influence and regulatory oversight in the rapidly growing prediction market industry.
Source: Ars Technica