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Maryland election contracts draw trading as administrator seeks prosecutors’ review

RG calculates Polymarket's 20 Maryland election markets had about 599,500 dollars in volume as of Sunday morning and Kalshi showed about 400,500 contracts across 27 Maryland events, while the state elections administrator has asked prosecutors to investigate whether the contracts violate the ban.

Maryland election markets on Kalshi and Polymarket have attracted trading despite a state ban, according to RG. The state elections administrator has asked prosecutors to investigate whether the contracts violate that ban.

Trading across both platforms

RG calculated that Polymarket’s 20 Maryland election markets had generated about 599,500 dollars in volume as of Sunday morning.

Kalshi showed about 400,500 contracts across 27 Maryland events, according to RG. Those figures measure different things: Polymarket’s total is dollar volume, while Kalshi’s is a contract count. They do not provide a direct comparison of dollar turnover.

Legal question remains unresolved

The administrator’s request puts the contracts’ compliance with the state ban before prosecutors for investigation. The supplied reporting does not establish that prosecutors have reached a conclusion or taken enforcement action.

What it means for prediction markets

  • Regulatory scrutiny: The investigation request raises a legal question about Maryland election contracts, rather than establishing a finding that they violate the ban.
  • Activity is not probability: The reported figures describe trading activity and market coverage, not the implied likelihood of any election outcome.
  • Comparison limits: Dollar volume on Polymarket and contract counts on Kalshi should remain separate when assessing the reported activity.
KalshiPolymarketElectionsInfiniti MarketsInfiniti Signals

Sources & attribution

Published
  1. Source
    RGrg.org
    Publisher
    https://rg.org
    Source URL
    The feed did not publish this story's article address.

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