监管变革后,预测市场在2025年期中期之前猛增,引发了关于其对民主和公平的影响的辩论。 Prediction markets surged ahead of 2025 midterms after regulatory changes, sparking debate over their impact on democracy and fairness.

Kalshi和Poly市场等预测市场在特朗普政府取消先前针对此类平台的拜登时代限制之后,在2025年期中之前正在迅速增长。 Prediction markets like Kalshi and Polymarket are seeing rapid growth ahead of the 2025 midterms, following the Trump administration’s removal of Biden-era restrictions that previously targeted such platforms. 随着监管批准和高调认可(包括小唐纳德·特朗普加入Kalshi)的增多,这些应用程序正在扩大,用户可以对政治和全球事件进行赌注。 With increased regulatory approval and high-profile endorsements—including Donald Trump Jr. joining Kalshi—these apps are expanding, allowing users to bet on political and global events. 批评者则认为Susquehanna International Group等市场制造者扮演赌场、操纵竞争和从用户损失中获利等角色。 While they claim to operate as peer-to-peer exchanges without taking opposing positions, critics argue that market makers like Susquehanna International Group function like casinos, manipulating odds and profiting from user losses. 联邦集体诉讼诉讼质疑他们的做法,专家们警告民主廉正和经济剥削的风险。 A federal class-action lawsuit challenges their practices, and experts warn of risks to democratic integrity and financial exploitation. 尽管人们担心, 但像DraftKings和Robinhood这样的公司正在进入这个领域, Despite concerns, major firms like DraftKings and Robinhood are entering the space, signaling a broader trend toward financializing public opinion.