GLOBEALERT
BUSINESS● LOW2h ago · Oct 28, 2026, 2:12 PM

Kalshi defends VIP program against scrutiny from Democrats

The Hill · north america

Kalshi argued Tuesday that its VIP program and platform are “fundamentally different” from those offered by sportsbooks, after several Democratic lawmakers expressed concerns over loyalty programs at both prediction markets and sportsbooks. In a letter shared first with The Hill, the company suggested Kalshi Platinum has no “predatory incentives” because of its distinct business model.…

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