The Latest Breaking News from Kalshi

Betting on the election will soon be legal in US after massive court ruling

Betters have already poured hundreds of millions of dollars into the political prediction market

The Independent UK · Oct 3, 2024

Polymarket reportedly seeks to raise an additional $50 million amid election fever

The popular betting site may also launch a native token.

Fortune · Sep 24, 2024

Federal Agency Warns Against Betting On U.S. Elections

The Commodities and Futures Trading Commission opposes betting on U.S. elections to safeguard against market manipulation and protect election integrity.

Top News · Sep 16, 2024

Some companies want to bet on US elections. Not everyone agrees.

Critics are concerned platforms like Kalshi’s plans to offer bets on upcoming elections could sway the outcome.

Al Jazeera · Jan 10, 2024

The startup that lets hedge funds bet millions on real-life events

With its bid to let Americans wager on elections put on ice by federal watchdogs, Kalshi Inc. is now shopping a plan to let hedge funds easily wager millions of dollars on more real-life events.

Tribune News Service · Apr 21, 2023

PredictIt Helps Forecast Election Results. Bureaucrats Are Trying To Kill It.

Election betting markets are often more reliable than pundits. Did the site steal user funds? No. Did they lie to people? No. Harm anyone? No.

Reason · Feb 15, 2023

US elections may be the next big bet for Wall Street

WASHINGTON — American political junkies may get to bet tens of thousands of dollars legally on the outcome of November’s U.S. congressional elections.

Tribune News Service · Aug 26, 2022