Prediction Markets and Casinos Are Both Betting Big on Washington

Kalshi spent $990,000 on federal lobbying in the first half of 2026, nearly matching its total for all of last year, as it races to counter the casino industry on Capitol Hill. The prediction market operator and its gambling-sector rivals are both sharply raising spending. Kalshi’s direct lobbying alone nearly matches the American Gaming Association’s, The post Prediction Markets and C