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The Independent UK
The Independent UK
Joe Sommerlad

Kalshi caught up in firestorm of controversy over bets placed on death of Iran’s Ayatollah Ali Khamenei

A popular predictions market app will not pay out the $54 million some of its users believed they were owed after correctly forecasting the death of Ayatollah Ali Khamenei, according to a report.

Kalshi, which allows players to gamble on real-world events, offered customers favorable odds on Khamenei, 86, being “out as Supreme Leader” in response to the announcement of joint U.S.-Israeli airstrikes on Tehran in the early hours of Saturday morning.

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