# Ex-Sen. Blanche Lincoln Now Lobbies Kalshi

> Ex-Sen. Blanche Lincoln, who once warned sports contracts lacked commercial value, now pushes for prediction market firm Kalshi.
- Title: Ex-Sen. Blanche Lincoln Now Lobbies Kalshi · New York Post
- Summary: Ex-Sen. Blanche Lincoln, who once warned sports contracts lacked commercial value, now pushes for prediction market firm Kalshi. Ex-Sen. Blanche Lincoln, who…
- Keywords: blanche lincoln, kalshi, senate, sports gambling, prediction markets, cftc, federal regulations, sports contracts, news, entertainment, Ex-Sen, Blanche
- Source: New York Post — https://nypost.com/2026/10/12/business/ex-sen-blanche-lincoln-who-urged-sports-gambling-crack-down-lobbying-for-kalshi
- Published: 2026-10-12T23:32:13+00:00
- Read time: 1 min
- Topics: blanche lincoln, kalshi, senate, sports gambling, prediction markets, cftc, federal regulations, sports contracts, news, entertainment
## Ex-Sen Blanche Lincoln
Former Democratic Sen. Blanche Lincoln helped write federal legislation to crack down on gambling through financial markets.

> These types of contracts would not serve any real commercial purpose
## Lincoln's Stance on Sports Contracts
During her Senate term, Lincoln argued sports event contracts lacked legitimate commercial value and were used solely for gambling.

> These types of contracts would not serve any real commercial purpose
## Kalshi's Current Role
Kalshi, a prediction market firm, has paid Lincoln's lobbying firm $480,000 since 2024 for its sports event contracts.

> Kalshi has paid her firm $480,000 since 2024
## Legal Battle Over Sports Wagers
Kalshi and rival Polymarket face a legal dispute over whether federal financial regulations or state gambling laws apply to sports event contracts.

> The reversal comes amid a nationwide legal battle over whether kalshi and rival polymarket can offer sports wagers under federal financial regulations without complying with state gambling laws
## Lincoln's Current Position
Lincoln now argues sports event contracts have strong commercial value and should be regulated under federal oversight.

> Sporting events have strong commercial value because they have major impacts on advertising, apparel sales and the hospitality industry
## Key takeaway

Ex-Sen. Blanche Lincoln, who argued sports event contracts had no legitimate commercial purpose, now lobbies for Kalshi which paid her firm $480,000 since 2024.