Kalshi-backed Americans for Fair Markets launches with Taylor Budowich as advisor
Americans for Fair Markets (AFM) has launched as a new advocacy group to support prediction markets, backed by Kalshi. The organization aims to counter the gaming industry's efforts to restrict federally regulated prediction markets at the state level. Taylor Budowich, a former Trump aide, has joined AFM as a strategic advisor to lead its lobbying efforts.
- ▪AFM was launched on May 22 with a mission to push back against the gambling industry's narrative on prediction markets.
- ▪The prediction markets sector is valued at approximately $500 billion, with Kalshi reporting a significant increase in trading volume.
- ▪AFM's policy agenda includes federal oversight, consumer protections, and the preservation of individual decision-making rights.
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Kalshi-backed Americans for Fair Markets launches with Taylor Budowich as advisor The new prediction market advocacy group is gearing up for a lobbying war against the gaming industry, with a former Trump aide helping lead the charge. Share Add us on Google by Editorial Team May. 22, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); The prediction markets industry just got its own lobbying arm, and it’s not being shy about picking a…
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