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Elon Musk-backed super PAC reports $800,000 in first burst of midterm spending, largely in Maine and Texas

Elon Musk’s super PAC disclosed Wednesday that it spent over $800,000 last month to help Republican Senate and House candidates in competitive races, the bulk of it in Texas and Maine, where Republicans are defending Senate seats. The August spending by America PAC is likely just the opening salvo for the world’s wealthiest person, who spent hundreds…

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New York City Council probing Kalshi, Polymarket and other prediction markets over marketing claims

The New York City Council said Wednesday that it is investigating four prediction markets over allegations that the companies engage in deceptive marketing. The probe will examine the advertising practices of Gemini Titan, Kalshi and Polymarket, all of which are based in New York, as well as Texas-based Coinbase. “Prediction markets aggressively entice consumers to…

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In final Michigan Senate Democratic debate, Stevens and El-Sayed spar over outside spending and personal attacks

Southfield, Michigan – Michigan Democratic Senate candidates Abdul El-Sayed and Rep. Haley Stevens clashed on issues of spending by outside groups, the tone of the race and electability in the last televised debate before a pivotal primary election next Tuesday. The Democratic primary contest to fill the open seat of outgoing Democratic Sen. Gary Peters…

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