Lawmakers are calling on trading platforms to stop dangerous prediction trading, such as betting on wildfires

Jeff Caplan's Afternoon News

Lawmakers are calling on trading platforms to stop dangerous prediction trading, such as betting on wildfires

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Published on Aug 11, 2026, 3:24:40 PM
Total time: 00:03:01

Episode Description

A couple of weeks ago we told you about a platform called "Wyldfire." It allows you to bet on the size and severity of flames. And the prediction market Polymarket allows similar trading. 

Now...lawmakers in California are calling on trading platforms to STOP this type of trading.

ABC's Alex Stone joins me now LIVE with the latest...

More about Jeff Caplan's Afternoon News

News, politics, traffic, weather and more from Utah, anchored by veteran news junkie Jeff Caplan alongside Maria Shilaos.