학술논문
STAR SPANGLED GAMBLERS.
Document Type
Article
Author
Source
Subject
*Public opinion
*Cartels
Political forecasting
Gamblers
Elections
United States presidential elections
Voter registration
*
Language
ISSN
1085-9241
Abstract
2020 Kalshi, founded by MIT alums Tarek Mansour and Luana Lopes Lara, wins CFTC approval to operate, but not election markets. With PredictIt's fate uncertain and Kalshi's application for election markets under review, it would be hard to bet on the fate of political prediction markets. Yes No, but it's applied to do so Yes Relationship with Commodity Futures Trading Commission Ordered in August 2022 to wind down by February 2023 for not adhering to CFTC rules Named one former CFTC commissioner to its board; head of regulatory affairs is CFTC alum Fined $1.4 million in January 2022 for running unregistered contract market, moved offshore Most popular market (September 2022) GOP Senate seats after Midterms Fed interest rates September 2022 Who will win the U.S. 2024 Republican presidential nomination? Flip Pidot, a former trader who's been working to establish political prediction markets since 2008 - and who's worked with both PredictIt and a crypto-based alternative called Polymarket (see chart, page 68) - talks about an ancillary benefit of these markets being greater civic engagement. [Extracted from the article]