The Latest Breaking News from Kalshi

Betting on the US election is a new opportunity with no historical accuracy but that hasn’t stopped people from making wagers

Meet the man trying to turn electoral betting into a $1 trillion market.

Is election betting good fun, civic engagement, or a threat to democracy itself? asks Josh Marcus

More than $1.9 billion in crypto has been wagered on this presidential election on Polymarket. Here's why that matters

Millions of dollars have poured into bets on who will win the US election after a last-minute court ruling opened up gambling on the vote, upping the stakes on a too-close-to-call race that has already put voters on edge.

Stem cells, boondoggles, and watering flowers.

This week, there’s a certain irony to our newsletter being called “At the Races.” And no, it’s not because Pete Rose, Major League Baseball’s all-time hits leader who was banned from baseball for betting on the Cincinnati Reds, died​ Monday at age 83. Betting on the outcome of the congressional…

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

The popular betting site may also launch a native token.

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

The CFTC was concerned about the propagation of activities not in the best interest of the public. It also drew concerns over unlawful gaming.