Kalshi-backed prediction market advocacy group debuts with support from former Trump aide
The Block
Kalshi has launched the advocacy group Americans for Fair Markets, supported by former Trump aide Taylor Budowich, to promote regulated prediction markets.Summary
Kalshi has introduced a new advocacy organization called Americans for Fair Markets (AFM) to challenge established gambling and sportsbook interests. The group, which features strategic advisor and former White House official Taylor Budowich, aims to promote regulated, transparent prediction markets. AFM will collaborate with the existing Coalition for Prediction Markets as the industry faces increased congressional scrutiny, including a probe into insider trading and user verification practices at platforms like Kalshi and Polymarket.
(Source：The Block)