The 21st Show

What are predication markets and do they need to be regulated?

 

AP Photo/Wyatte Grantham-Philips

Prediction markets such as Kalshi and Polymarket allow people to bet on … pretty much anything … from the future of the Iran war to more offbeat topics, such as whether the government would confirm aliens exist. 

A journalist who has covered prediction markets, a legal expert, and the head of an organization that forecasts future events, discuss their rising significance and the fight to regulate them in Illinois and beyond.


GUESTS

Karl Lockhart 
Assistant Professor of Law, DePaul University College of Law 

Warren Hatch 
CEO, Good Judgment 

Casey Toner
Reporter, Illinois Answers Project