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The Latest Breaking News from Kalshi

Kalshi announces $1 billion jackpot for a perfect March Madness bracket

‘You probably won’t win this contest,’ said the online betting company in a severe understatement

The Independent UK

Betting on 5-minute swings on Bitcoin price are the hot new thing on prediction markets

As Kalshi and Polymarket balloon in popularity, so too do quick-hit bets on crypto.

Fortune

Trump gives JD Vance a job: Go find ‘fraud’ in Democrat-led states like Minnesota

Trump will sign order tasking Vance with overseeing partisan initiative aimed at punishing states with Democratic governors

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Palantir Is Now a Sports Betting Stock. Does That Make PLTR a Buy Here?

Palantir still looks like a richly valued core AI infrastructure name where the sports-betting angle is a nice add-on — worth holding or buying on pullbacks, but not chasing blindly at more than 150 times forward earnings.

Barchart

Utah’s anti-gambling tradition meets Kalshi and Polymarket in a new legal fight

Utah has found itself at the forefront of a states' rights battle between itself and prediction markets like Kalshi and Polymarket

The Independent UK

Top Trump official is new frontrunner for 2028 presidential election

IN FULL

The Independent UK

Betting markets have a new favorite for the 2028 presidential election

Questions are mounting about who could run for the White House in 2028

The Independent UK

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Polymarket taps Palantir AI to police sports betting before it's too late

The move is a reversal of the company’s previous stance that the platform could self-police.

Fortune

Gamblers can now bet on the outcome of wars – and that’s a problem

The growing threat of conflict in the Middle East last week prompted a flood of activity in a little-known area of betting: prediction markets in which users can bet on a particular military action.

The Conversation

Betting on nuclear war: what are prediction markets and could they come to the UK?

The lowdown on Polymarket and Kalshi, the pitfalls and the odds on US-style exchanges taking off in Britain

The Guardian - UK

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

The predictions market says promotion was ‘grammatically ambiguous’ and misunderstood by customers, reiterating that it ‘does not offer markets that settle on death’

The Independent UK

Life After Congress: A prediction market duo

Sean Patrick Maloney and Patrick McHenry didn’t see eye to eye in Congress — but they’re united on this.

Roll Call

NBA star's partnership with a prediction market raises new questions for a troubled sports betting landscape

The NBA star announced he would become a shareholder in the largest U.S> prediction market.

Fortune

Millions of dollars placed on prediction markets after US airstrikes on Iran as global unrest provides get-rich-quick opportunities

Bettors have placed more than $36M worth of wagers on whether or not there will be a regime change in Iran

The Independent UK

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news in one place.

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International Business Times UK

Nancy Guthrie Case: Backlash Erupts as $188,000 Wagered on Kidnap Arrest

As Polymarket users wager over $188,000 on an arrest in 84-year-old Nancy Guthrie's disappearance, critics warn prediction markets are profiting from a live case.

We Got This Covered

‘Tax nerd’ risks it all betting against Elon Musk’s promises, and the numbers vindicated him in the end

He knew what he was doing.

The Independent UK

MrBeast’s editor suspended by prediction market after ‘near-perfect trading success’

The editor failed to cooperate with Kalshi’s investigation into the alleged insider trading, according to the company

Fortune

Kalshi fines MrBeast employee $20,000 for insider trading, cofounder issues salty warning to others

Kalshi also fined a political candidate, and its cofounder issued an off-color warning to others thinking of insider trading.

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news in one place.

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The Conversation

Everything can be a bet now – the rise and risks of prediction markets

Yes or no? It’s a simple question that now drives more than US$13 billion (£9.7 billion) a month on prediction markets – companies like Polymarket, PredictIt and Kalshi.

The Independent UK

These phrases have the biggest betting odds to come up during tonight’s State of the Union

There’s a better-than-not chance he will mention aliens, AI and hockey, according to an online prediction market

Fortune

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.

The Independent UK

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 Guardian - US

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

‘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 - UK

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

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