Trump Administration Backs Kalshi and Polymarket as Nevada Moves to Enforce Ban

Trump Administration's decision to back Kalshi and Polymarket as Nevada moves to enforce a ban on prediction markets marks a significant development in the regulatory landscape of online trading platforms. This move has implications for website owners who operate or host prediction markets, as it may lead to increased scrutiny and potential legal challenges. Website owners who facilitate or promote prediction markets may need to reassess their compliance with state and federal regulations, particularly in light of the Trump administration's support for Kalshi and Polymarket. To navigate this complex regulatory environment, website owners can take several steps: first, review their llms.txt files to ensure they are accurately tracking and managing AI bot traffic related to prediction markets; second, monitor updates on the regulatory status of prediction markets in their jurisdiction to anticipate potential changes; and third, consider implementing measures to verify user locations and restrict access to prediction markets for users in prohibited areas, such as Nevada.