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John Oliver discussing prediction markets on Last Week Tonight with financial data screens.

Prediction Markets Under Fire: John Oliver’s Scathing Critique Ignites Regulatory Debate

May 7, 2026 Jackson Miller

HBO’s John Oliver launched a direct attack on the burgeoning prediction market industry during the April 20, 2026, episode of Last Week Tonight. The host’s detailed critique focused on platforms like Kalshi and Polymarket, questioning their regulatory oversight and highlighting potential for manipulation. His segment has amplified existing legal and ethical debates surrounding these financial […]