Browsing: Kalshi
In 2006 Congress passed a law called the Unlawful Internet Gambling Enforcement Act, which didn’t ban online betting but rather,…
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Since prediction markets exploded in popularity in 2024, the industry’s two leading players, Kalshi and Polymarket, have been raising staggering…
Prediction markets spend big on celebrity campaigns even as Sydney Sweeney and LeBron James ads stir backlash
Prediction markets are splurging on ad campaigns featuring A-listers—and the approach is starting to rankle some observers. On Wednesday, sports…
In mid-July, Kalshi received approval from regulators to list a new type of event contract that would let anyone wager…
The Miami Heat, LeBron James and prediction markets: how a ‘mistake’ video skewed a $245 million bet
On Tuesday night, the Miami Heat accidentally published, then deleted, a YouTube video titled “LeBron James Introductory Press Conference,” dated…
Prediction market platform Kalshi has called off plans for its latest offering: Contracts that would let users wager on upcoming…
Controversy swirls over Spanish soccer club accused of using novel $600,000 Kalshi wager to bet on its relegation
A Spanish football club at the center of a prediction market controversy has denied placing a nearly $600,000 bet on…
Polymarket cuts ties with former Rep. George Santos as feds investigate his alleged Kalshi bet
The online prediction platform Polymarket is ending its paid relationship with George Santos as federal regulators investigate whether the former congressman illegally bet…
A ‘no-brainer’: Senate unanimously bans members and staff from using prediction markets
The Senate has approved a bipartisan resolution to prevent its own members from using prediction markets, banning senators who are often…












