On Election Day 2024, online financial exchange and prediction market Kalshi took out an ad on the oversized electronic advertising board above the entrance to the Miracle Mile Shops at Planet Hollywood, listing live wagering odds on Donald Trump and Kamala Harris.
At the time, the gaming industry’s concerns about Kalshi and other prediction market operators stepping into the sports betting arena were just beginning to percolate.
Nearly a year later, the pot boiled over into a full-scale meltdown just in time for last week’s Global Gaming Expo in Las Vegas.
Commonly referred to as G2E, the annual gathering typically centers on the newest casino games showcased on the tradeshow floor inside the Venetian Expo. But not in 2025.