05-22-26 Rhode Island Attorney General Peter Neronha.
About this episode
Rhode Island Attorney General Peter Neronha discusses the lawsuit against prediction markets Kalshi and Polymarket for operating illegally in the state.
Thursday, prediction market Kalshi sued Rhode Island to prevent the state from stopping the apps operation in the Ocean State. Prediction markets are like betting but regulated differently. Following the lawsuit, Rhode Island Attorney General Peter Neronha sued both Kalshi and Polymarket for operating in the state illegally. The AG joins Gene to discuss prediction markets along with his thoughts on the proposed Office of the Inspector General See omnystudio.com/listener for privacy information.
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