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The Latest Breaking News from Kalshi

Are sports prediction markets betting or investing? Two new Robinhood lawsuits could define how they are regulated going forward

Robinhood is suing both New Jersey and Nevada to argue that its users should have access to sports contracts.

Fortune

Mark Cuban Asks: Have IPOs Turned Into 'Meme Coins' As Hype, Listing Gains, Volatility Levels Collide

Investor Mark Cuban is drawing parallels between the initial public offerings of several companies in recent months and “meme coins” such as Dogecoin and the TRUMP coin, among others.

Benzinga

Scoring Big: How Kalshi Is Shaking Up DraftKings, FanDuel This NFL Season

With weeks to go until the 2025 National Football League season starts, sportsbooks are already feeling increased pressure and competition from the likes of Robinhood Markets Inc (NASDAQ:HOOD) and Kalshi.

Benzinga

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Elon Musk Just Put Grok In Charge Of The Future

Could the future of finance hinge on a conversation with a chatbot? Two of America's fastest-growing disruptors—xAI and Kalshi—just teamed up to fuse AI with prediction markets. Effective immediately, Grok, xAI's flagship chatbot, will power Kalshi's event betting platform, marking a bold new frontier for both companies.

Benzinga

Polymarket and Kalshi see massive drop in users—but big opportunities ahead

New data shows prediction markets, which have attracted plenty of buzz, are still figuring out a business model.

Fortune

AOC's Chances of Clinching The Dem Nomination See Slight Spike After Clapping Back Against Claims of Supporting Military Spending

AOC's chances of clinching the 2028 Democratic presidential nomination saw a slight spike after clapping back against claims she voted for military spending.

Latin Times

How Robinhood Stock Benefits From New Pro Gambling Tax Changes

New gambling laws in the OBBB Act are wreaking havoc on the U.S. sports betting scene. Here's why Robinhood will emerge as an unlikely sports betting winner.

MarketBeat

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2028 Election Odds Out From Polymarket: Vance Tops List At 27%, Trump Has 5%, Here's What Voters Say In New Poll

President Donald Trump has been in office for nearly six months of a four-year term. While Trump has more than three years left, prediction markets and polls for the 2028 presidential election are already heating up.

Benzinga

Dan Bongino's Chances of Leaving Trump Admin As MAGA Influencer Predicts His Resignation Over Epstein Files Debacle

After a MAGA influencer speculated that FBI Deputy Director Dan Bongino would depart "in the next week," bettors try to predict who will leave the administration next.

Latin Times

Ken Paxton's Chances of Unseating John Cornyn in Wake of Alleged Affair-Driven Divorce, According to the Betting Market

Texas Attorney General Ken Paxton's lead over Sen. John Cornyn to be the Republican candidate for Senate dropped following Paxton's alleged affair-driven divorce.

Latin Times

Bettors Race to Predict Pam Bondi's Ousting in Wake of MAGA Outrage Over 'Epstein List'

As MAGA hardliners' frustration with the Trump administration's handling of the Jeffrey Epstein investigation continues to mount, online bettors are rushing to the open market to predict when the first big domino will fall.

Latin Times

Trump And Wall Street Want Rate Cuts—The Data Says: Keep Waiting

A stronger-than-expected labor report just crushed any hopes that the Federal Reserve would lower rates this month—despite speculation from Wall Street and direct demands from President Donald Trump.

Benzinga

2028 Election Poll Shows Vance, Buttigieg In Lead: Where Trump, Newsom, Harris Rank — And Betting Odds

Donald Trump has been in office for less than six months of his four-year term. That doesn't stop voters from looking to the 2028 election with polls and betting odds showing a mix of candidates for both the Republican and Democratic parties.

Benzinga

New York’s tech elite are melting down over the election of Zohran Mamdani. Is the city destined for a San Francisco-style rebellion?

Tyler Winklevoss and Garry Tan joined in the chorus decrying the victory of the 33-year-old socialist.

Fortune

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The Independent UK

‘Betting’ site Kalshi, which predicted both Trump and Mamdani’s wins, parlays $2 billion valuation

New York mayoral candidate Zohran Mamdani beat Andrew Cuomo for the Democratic nomination in a huge upset

Benzinga

Prediction Market Kalshi Raises $185M, Surges To $2B Valuation

Prediction market platform Kalshi has secured a $185 million Series C funding round, pushing the company's valuation to $2 billion.

Fortune

Trump’s SEC will buoy ‘aggressive innovation,’ Webull president says: ‘Boundaries are going to be tested’

The stock-trading platform’s ties to China have invited scrutiny, but Webull’s Anthony Denier is optimistic about the company’s relationship with regulators.

Fortune

Robinhood offers March Madness betting with new prediction market service

The move underscores Robinhood's push into the fast-growing field of prediction markets.

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Fortune

Prediction markets were right on the election. What do they have to say about the Super Bowl?

Also…psychics and professional oddsmakers.

The Independent UK

Betting markets predict higher egg prices and more tariffs

Bettors are forecasting that Trump’s trade war isn’t set to end with the proposed tariffs on China, Canada, and Mexico

Fortune

Robinhood is letting some customers wager on the outcome of Super Bowl LIX

Some customers will be able to wager on the outcome of the Chiefs vs the Eagles in Robinhood's first foray into sports betting.

Fortune

Prediction market Kalshi enters sports betting ahead of Super Bowl, after naming Donald Trump Jr. as an advisor

“Today, on the heels of our explosive growth, Kalshi takes its next big step: Sports.”

Salon

Trump Jr. joins betting-market startup

The platform predicted Trump's win and is in a legal tussle with the federal government over election betting

Fortune

Prediction-market startup Kalshi nabs Donald Trump Jr. as a strategic adviser

Son of incoming president says such markets will ”upend mainstream media”.

The Guardian - US

The most important tech stories of 2024, and also my favorite ones

Today, we’re looking at a few themes that will influence the online and offline worlds in 2025

1 … 3 4 5 6

People

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