Maricopa County Bars 13,000 Employees From Prediction-Market Profits Before Arizona Primary
Updated
Updated · Arizona's Family · Jul 16
Maricopa County Bars 13,000 Employees From Prediction-Market Profits Before Arizona Primary
3 articles · Updated · Arizona's Family · Jul 16
Summary
Maricopa County supervisors unanimously approved a policy barring roughly 13,000 employees from using nonpublic information to profit on prediction markets ahead of next week’s Arizona primary.
Thomas Galvin said the move is meant to shield election workers, staffers and volunteers from accusations that they are betting on outcomes they help administer.
Kalshi listed 9 Arizona primary markets with more than $580,000 in combined volume Tuesday night, underscoring how election contracts have grown despite Arizona’s ban on wagering on elections.
The county action follows Gov. Katie Hobbs’ executive order last week imposing a similar restriction on state employees, while a federal judge has paused Arizona’s criminal case against Kalshi during a jurisdiction fight.