The Latest Breaking News from Kalshi

Investors are valuing Polymarket at a discount to archrival Kalshi—and its crypto ties could be one reason why

Polymarket is fundraising at a reported $15 billion valuation, while Kalshi was last valued at $22 billion.

Fortune · Apr 21

Prediction Markets and Social Gaming Under Legal Spotlight

Prediction markets and social games are turning the world into a casino.

inkl · Apr 21

John Oliver on prediction markets: ‘Betting on war is really dark’

The Last Week Tonight host dug into the rapidly expanding, poorly regulated free-for-all of ‘prediction markets’ like Kalshi and Polymarket

The Guardian - US · Apr 20

‘Abhorrent’: the inside story of the Polymarket gamblers betting millions on war

A Guardian investigation reveals how the prediction market can shape news – and how it rules on ‘the truth’

The Guardian - UK · Apr 11

Prediction markets have made betting easier than ever—and young men are paying the price

“I think about that money I lost every single day,” says Samuel Sharkey, a 23-year-old who lost about $10,000 on Kalshi.

Fortune · Apr 10

White House warns staffers not to place bets on prediction markets amid the Iran war: report

Three new Polymarket accounts raked in over half a million dollars after accurately predicting the Iran War ceasefire

The Independent UK · Apr 10

Prediction markets are back the spotlight, this time because of the war in Iran

Prediction markets let people wager on anything from a basketball game to the outcome of a presidential election — and recently, even the fate of the U.S. and Israel’s war against Iran

The Independent UK · Apr 9

Betting Against George RR Martin: Why Prediction Markets Give The Winds of Winter a Staggering 83% Chance of Failure

Prediction markets on US exchange Kalshi now assign only a slim chance that George RR Martin will announce a release date for The Winds of Winter by the end of 2026.

International Business Times UK · Apr 9

WATCH: Kalshi founders talk insider trading, gambling, Don Jr. on "The Axios Show"

Kalshi has become very big business.

Axios · Apr 9

Iraq vet lashes out at Polymarket for ‘disgusting’ bets on airmen’s lives in the Iran war

Online betting platform Polymarket has finally stopped accepting wagers on when U.S. warplane crew members, shot down in Iran, might be rescued, promising an investigation into how such a market ever appeared. According to The Guardian, this move comes after significant criticism, particularly from a federal lawmaker who called the…

The Mary Sue · Apr 7