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build deploy Ars Technica July 16, 2026

Trump teleprompter aide made $100,000 betting on what Trump would say, reports say

Trump teleprompter aide made $100,000 betting on what Trump would say, reports say
AI Summary

Kalshi is a high-tech prediction market that allows people to "forecast the future" (their term). It is about contracts and information, the company says, making its offerings more like a soybean futures contract than a round of blackjack or a pull on the one-armed bandit . Still, prediction markets look a lot like betting if you squint, which is why states like New York have tried to regulate them under gambling laws.

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