Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Mr. Calci recently opened a new office in Washington, DC, as part of his efforts to strengthen federal and state policymaking amid extensive scrutiny of his products in the United States.
Important points:
- Kalci opened an office in Washington and hired policy experts to promote the expansion of federal and state regulators.
- The CFTC-regulated platform leads the prediction markets with a monthly trading volume of $6.58 billion.
- The government still opposes Calci’s sports-related contracts.
The company announced Soon he They appointed political scientist John Bivona as their first director of public relations.
Bivona has more than two decades of experience in politics and government, including his time as the primary liaison between the White House and the Department of Homeland Security during the Biden administration.
He previously served as chief of staff to New York Congressman Antonio Delgado, and held senior positions in the Democratic Congressional Campaign Committee.
Calci expands regulatory efforts as the prediction markets expand.
Kalci said the move reflects his intention to communicate directly with policymakers as the prediction markets expand.
The platform, which is regulated by the Commodity Futures Trading Commission, allows users to sell products related to the outcome of future events, from elections and financial data to entertainment and sports.
To boost their expansion in the state, Calci also hired Blake Bee, a former director of government and regulatory affairs at Amazon.
Bee previously worked closely with state attorneys general and spent many years at the National Association of Attorneys General, as well as the Mississippi Attorney General’s Office.
Calci has emerged as the world’s largest market in terms of monthly volume.
The company recorded a total of $6.58 billion in sales in December, surpassing its competitor Polymarket, which recorded $2.28 billion in the same period. Business activity saw a significant increase in the fall of last year, in line with the start of the NFL season.
CEO Tariq Mansour said the platform made about $441 million in the first four days of the NFL season.
Despite its rapid growth and federal licensing, Calci has faced opposition from several US states over its sports-related contracts.
Regulators in states including Arizona, Tennessee, Connecticut and Massachusetts say these offers constitute illegal sports betting under state law.
The court’s rulings were mixed. A federal judge in Nevada ruled last year that Calci was required to comply with state gambling laws, rejecting the company’s principle that the CFTC’s supervision is more than the state’s jurisdiction.
Kalci is appealing the decision. On the other hand, a judge in the state of Tennessee issued a temporary injunction preventing the state authorities from suspending the contracts of the gaming platform.
Countries are increasingly opposing prediction markets due to consumer concerns
Government opposition to the prediction markets has been building for months.
In 2025, the SWC urged the CFTC to ban gaming contracts, saying that such things bypass government protections such as age verification, gambling laws and anti-money laundering requirements.
New rules to ban interactions between government officials and prediction markets are said to be supported by more than 30 Democrats in the US House of Representatives, including former Speaker Nancy Pelosi.
The motivation for the new restrictions lies in the controversial betting at Polymarket, which… He started As a $32,000 bet, it eventually became more than $400,000 shortly before the unexpected arrest of Venezuelan President Nicolas Maduro.
Bill What he gave New York Representative Ritchie Torres is the Public Integrity in Financial Prediction Markets Act of 2026.
A note Kalci opens an office in Washington to promote political advocacy in the United States appeared for the first time Cryptonews Arabic.
