Focus Areas

Politics
Legislation

Background

Pat Evans has nearly two decades of experience covering complex industries. Before joining Defi Rate in 2026, he spent more than 15 years writing about sports betting, food and beverage, construction, health care and sports business for national and regional outlets. He previously worked as a reporter and editor for publications including the Grand Rapids Business Journal, Front Office Sports, Legal Sports Report and iGaming Business, where he began in-depth reporting on prediction markets.

Pat holds a political science degree from Michigan State University.

A journalist since 2008, Pat has specialized in business reporting and since 2019, has built a reputation as a go-to source on how legislation and regulation shape the fast-changing gambling industry. For more than a decade, he established himself as a food and beverage expert with two books as well as national bylines including Thrillist, Gear Patrol and Beer Connoisseur Magazine.

When he’s not working, Pat enjoys exploring new restaurants and bars, reading, playing basketball and working on creative writing projects. He’s based in Grand Rapids, Michigan, where he has spent much of his career chronicling the city’s history.

Experience

Recent Articles

US Elections
How Prediction Markets Saw the Platner Surge and Mills Exit in Maine Ahead of Polls
Maine Gov. Janet Mills’ suspension of her Senate campaign this week is one of the cleanest demonstrations that prediction markets can see around the corner pretty well.  Long before Mills’ abrupt exit, Kalshi and Polymarket were already pricing Graham Platner as the overwhelming favorite to win the Democratic Senate primary and the general election as […]
April 30, 2026
US Elections
California Billionaire Tax Nears Ballot as Odds Still Lean ‘No’
A proposed one-time California billionaire tax has reportedly cleared the signature hurdle and is moving toward the November ballot, but prediction markets are still trending toward its ultimate failure.  Even before November, the measure still faces verification, legal and political headwinds. Still, the latest signature haul gives it the clearest path yet to a very […]
April 29, 2026
US Elections
Prediction Market ETFs Arrive, Bringing Election Bets to Retirement Accounts
Prediction markets are about to get their most Wall Street makeover yet as RoundHill prepares to launch election-related event contract ETFs next week. Roundhill plans to launch six political prediction market ETFs on May 5, according to Bloomberg analyst James Seyffart. The six markets are tied to whether the Republicans or Democrats win the White […]
April 29, 2026
US Elections
Traders Pour Millions Into 2028 Presidential Race as Democrats Hold Early Edge
Traders are already throwing millions of dollars into the 2028 presidential race winner contracts on prediction markets despite not even knowing the outcomes of the 2026 midterms. The midterm election odds are telling a clear story that prediction markets are pricing Democrats as slight favorites to retake the House, while the Senate looks like a toss‑up. That Democratic […]
April 27, 2026