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Gambling on platforms like Kalshi allows users to bet on almost anything

Gambling on platforms like Kalshi allows users to bet on almost anything

On this edition of the Bay Area All Local, KCBS Radio News Anchor Steve Scott spoke with Jonathan Cohen, who leads gambling policy at the American Institute for Boys and Men. Prediction markets are putting a price on natural disasters. Users can wager on hurricanes, earthquakes, and even wildfires on platforms like Kalshi and Polymarket. Now, lawmakers are asking how far these markets should go.

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