California Gov. Gavin Newsom bans state officials from making bets on Polymarket, Kalshi with insider info

California Gov. Gavin Newsom on Friday banned state-appointed officials with insider information from making bets on prediction markets as the popular gambling sites stoke controversy.  The executive order added to existing ethics rules that prohibit state officials from using information unknown to the public to enrich themselves or family members, as recent huge payouts on […]