In other news about the fully debased and enshittified internet of the 2020s (BY THE WAY DONATE TO NATIONAL ZERO WITH WHATEVER DISPOSABLE INCOME YOU CAN SPARE), enshittified bullet-point-based news site Axios reports that scam betting platform Kalshi is anticipating which way the regulatory wind is blowing and banning politicians and athletes from wagering on the platform.
The Axios article links to a “statement” from Kalshi that returns a 404 not found, lol.
It’s also not clear what the hell this is going to do. Athletes are just going to use cut-outs and it’s hard to see any politician personally betting on it because that’s what stocks are supposed to be for.
Aides and staffers are the self-cut-outs in those situations and they’ll continue to clean up unless and until there’s a toothy legislative package with serious penalties as well as de-anonymization.