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Nearly 6 million dollars wagered on when Justice Alito will retire as Supreme Court weighs prediction market regulation, ABA Journal reports
- Nearly 6 million dollars wagered on when Justice Alito will retire as Supreme Court weighs prediction market regulation, ABA Journal reports — Betting on whether Supreme Court Justice Samuel Alito will retire increased in October despite his repeated assurances that he has no plans to do so imminently, with nearly 6 million dollars wagered since February on Kalshi and Polymarket and even more placed on who would replace him. The justices are both subjects of prediction markets and the likely last word on regulation, as the court considers petitions over whether states or federal regulators oversee the exchanges. (ABA Journal)
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