Newsom Barred His Appointees From Betting on Inside Information. He Wasn’t the Only Governor.

Newsom Prediction Markets Order | Insider Betting Ban

As well-timed bets on war and politics piled up on Kalshi and Polymarket, California moved to keep its own officials from cashing in. Three more governors did the same within weeks. SACRAMENTO – There was money to be made on the worst news of the year. As the federal government weighed military strikes and other … Read more

Newsom’s $125M Bet on Golden Gate Fields Park: What’s in the June Budget Vote

Newsom's $125M Golden Gate Fields Plan

Newsom’s revised state budget puts $125 million from Proposition 4 toward purchasing Golden Gate Fields for a new East Bay shoreline park. The California Legislature votes on the budget by June 15.