Kalshi and Polymarket rush to ban insider trading as senators move to curb prediction markets [Yahoo! Finance Canada]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: Yahoo! Finance Canada
key senators announced legislation that could severely curtail the industry's prospects. Kalshi said it would ban political candidates from trading on their own campaigns, and it would preemptively block anyone involved in college or professional sports from trading contracts related to the sports they play or are employed by. Polymarket instituted a broader ban than Kalshi. Its rules now say clearly that users cannot trade on contracts where they might possess confidential information or could influence the outcome of an event. This would include athletes but could also include company officials, policymakers or anyone who would have enough influence to affect the outcome of an event or know the information in advance. Polymarket, in particular, has faced intense criticism after some of its users made substantial bets ahead of the war in Iran and the military action in Venezuela, earlier this year. Those users appeared to have profited handsomely from knowing in advance that Pr
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DKNG
Earnings
- 2/12/26 - Beat
DKNG
Sec Filings
- 3/16/26 - Form 4
- 3/13/26 - Form 144
- 3/12/26 - Form 4
- DKNG's page on the SEC website