The Daily

Are Prediction Markets Gambling? A Lot Rides on the Answer.

September 29, 2026·26 min·4-min readnarrativenews
Podzilla Summary (4 min)
TLDR
The podcast episode explores the explosive rise of prediction markets like Kalshi and Polymarket, platforms that allow users to bet on events ranging from sports to weather, and the intensifying legal battle over whether they should be regulated as gambling by states or as financial excha

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Guest

D

David Yaffe-Bellany

narrative on The Daily

Mentions

Books, people, and resources mentioned in this episode.

People

David Yaffe-BellanyDonald Trump Jr.Gabriel PerezGeorge Santos

Companies

KalshiPolymarketCFTC

Topics

Business NewsElectionsInvestigative JournalismPolitical NewsTech News

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