News Summary

• Kalshi, the largest prediction market in the u.s., has removed all mention markets from its betting offerings for sports.
• Sports wagers account for more than 80% of the billions of dollars traded every week on the site.
• Kalshi is still allowing wagers related to what people say at political events, on earnings calls and during live television newscasts.
• The stepped-up scrutiny comes after a high-profile incident involving betting on a speaker's words reached the White House.