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October 22, 2026
Hegseth Prohibits DoD Personnel from Betting on Military Operations
- Defense Secretary Pete Hegseth issued a memorandum banning betting on military outcomes using nonpublic information.
- The prohibition covers both classified and unclassified information, targeting prediction markets like Polymarket and Kalshi.
- Violations of the ban could lead to disciplinary or criminal action under federal law or military regulations.
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3 Sources
- Hegseth bans DoD personnel from using nonpublic info to bet on U.S. military operationsOct 22, 2026 at 7:21 PM · CBS News
- Hegseth bars US forces from using undisclosed information to bet on Polymarket, KalshiOct 22, 2026 at 8:49 PM · The Hill
- Pentagon tells troops not to use nonpublic info for prediction market betsOct 22, 2026 at 9:42 PM · AP