Politics
Kalshi Defends VIP Program Amid Scrutiny
Prediction market company Kalshi defended its VIP program against Democratic lawmakers' concerns, arguing it is fundamentally different from sportsbook loyalty programs. The debate highlights ongoing regulatory challenges in the prediction market sector.
Coverage timeline — 1 article
The Hill
Kalshi argued Tuesday that its VIP program and platform are "fundamentally different" from those offered by sportsbooks, after several Democratic lawmakers expressed concerns over loyalty programs at both prediction markets and sportsbooks. In a letter shared first with The Hill, the company suggest
2026-10-28 14:12 UTC