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The Latest Breaking News from Kalshi

Sports-focused prediction market Novig raises $75 million to challenge Kalshi and Polymarket

Novig’s Series B values the startup at $500 million with backing from Pantera Capital, Multicoin, and Forerunner.

Fortune

Trump administration backs Kalshi, Polymarket as states move to ban prediction markets

The Trump administration has backed Kalshi and Polymarket in a court fight over whether prediction markets constitute gambling

The Independent UK

Surging prediction markets face legal backlash in US: ‘Lines have been blurred’

At least 20 federal suits filed against companies like Kalshi and Polymarket as lawmakers call it ‘loophole’ for gambling

The Guardian - US

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‘Another way to gamble money’: booming prediction markets prompt confusion and concern

Polymarket and Kalshi are less regulated than betting sites, but users can win or lose large sums on the platforms

The Guardian - US

First Thing: Congress members name six wealthy men ‘likely incriminated’ in Epstein files

Democrat Ro Khanna and Republican Thomas Massie reveal names they say DoJ redacted ‘for no apparent reason’. Plus, at least 10 dead, including suspect, after school shooting in Canada

The Guardian - UK

Bad Bunny's Super Bowl show: Why is Cardi B upsetting traders?

Cardi B joined singers Karol G and Young Miko, along with actors Jessica Alba and Pedro Pascal, during the halftime spectacle.

Euronews

How one small Super Bowl halftime cameo sparked betting chaos

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The Independent UK

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Cardi B’s Super Bowl cameo sparks formal complaint to US regulator

Cardi B was part of Bad Bunny’s Super Bowl halftime show on Sunday but a dispute has arisen as to whether the star was singing

The Independent UK

Cardi B's cameo in Bad Bunny's Super Bowl halftime show leads to dispute on prediction markets

Cardi B was part of Bad Bunny’s Super Bowl halftime show

The Independent UK

I Created My Own Prediction Market. What It’s Telling Me About the S&P 500 Now, and What Comes Next.

My proprietary ROAR score acts akin to Polymarket or Kalshi. It’s showing the odds of an up move in the S&P 500 are lower than the odds of a down move coming next.

Barchart

America's new love affair with gambling drives Kalshi to $871 million haul on Super Bowl Sunday

Days before the Super Bowl, Michael Lewis warned that sports gambling is "especially predatory toward young men."

Fortune

The Super Bowl Is Over, And Cathie Woods Is Ditching This Key Sports Betting Stock

Cathie Wood is dumping DKNG stock. Which online betting stock should investors pounce on?

Barchart

Prediction market Kalshi reached $1bn in trading volume during Super Bowl

Kalshi says ‘incredible weekend’ after $145m in bets on Bad Bunny’s opening song and guests during half-time show

The Guardian - US

Gamblers Placing Bets on $2K Tariff Dividend Check — What Are the Odds?

Prediction markets grow as Americans bet on politics, policy and economy. Meanwhile, odds of Trump’s proposed tariff dividend checks remain low across platforms

GOBankingRates

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The Guardian - US

‘We all on Kalshi now’: Giannis Antetokounmpo and the quiet collapse of sporting trust

The Bucks star has become a shareholder in one of the world’s largest prediction markets. It only ushers the NBA further into the fetid swamp of sports betting

Sports Illustrated

NBA Fans Enraged After Giannis Antetokounmpo Takes Stake in Prediction Market Kalshi

The superstar remained in Milwaukee through the trade deadline.

Reason

The Private Sector Handles Hunger Better Than Mamdani Could

Polymarket’s pop-up grocery and Kalshi’s food money giveaways are the latest examples in New York’s decades-long history of food charity.

Fortune

Kalshi gave away $50 in free groceries for 3 hours in New York City. A line 4 blocks long full of students and people on food stamps formed

“They’re helping the community,” 28-year-old Kayla told Fortune. “So even if they’re also hurting the community, it kind of balances out.”

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news in one place.

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Fortune

Kairos, which is building a cross-platform tool for professional prediction markets traders, raises $2.5 million from a16z crypto

The startup’s platform will display bets from Kalshi and Polymarket.

Kiplinger

Fed Vibes Lift Stocks, Dow Up 515 Points: Stock Market Today

Incoming economic data, including the January jobs report, has been delayed again by another federal government shutdown.

Axios

Prediction markets have a fake news problem

Polymarket's social media accounts are pumping out false and misleading claims to millions of people online.

The Guardian - US

On Polymarket, ‘privileged’ users made millions betting on war strikes and diplomatic strategy. What did they know beforehand?

The prediction market’s disciples and CEO believe its an unbiased way of knowing the future. But experts warn users could reshape the world to win big

The Independent UK

Betting on politics is the new game: More than $200M on wagers increases fears of insider trading

Many of the bets, which have been criticized as unethical, revolve around the actions of the US and Donald Trump

Fortune

Kalshi maintains a ‘perfect forecast record’ in predicting Fed rate decisions, beating professional forecasters, study finds

The National Bureau of Economic Research study found the prediction site showed “statistically significant improvement” over the Fed funds futures forecast.

The Independent UK

Kristi Noem sees odds of being fired spike on Polymarket in wake of Alex Pretti shooting

Homeland Security secretary sparked fury by claiming against all visible evidence that Pretti had ‘violently’ attacked federal agents in Minneapolis

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