Blanche Lincoln, Former Critic, Now Lobbies for Prediction Market Firm Kalshi

Former Arkansas senator Blanche Lincoln, who previously opposed prediction markets, is now lobbying for Kalshi, a leading prediction market firm. Kalshi has paid Lincoln $480,000 since 2024.

Blanche Lincoln, who served as the chair of the Senate Agriculture Committee in 2010, helped write provisions of the Dodd–Frank Wall Street Reform and Consumer Protection Act that gave the Commodity Futures Trading Commission (CFTC) the power to bar certain event contracts, including on sporting events like the Super Bowl and Kentucky Derby.

Blanche Lincoln's lobbying firm, Lincoln Policy Group, began working for Kalshi before the company began offering sports markets.