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The Latest Breaking News from Kalshi

Exclusive: Election betting site Polymarket is rife with fake ‘wash’ trading, researchers say

Blockchain evidence points to users carrying out market manipulation to inflate trading volumes on the popular political betting platform.

Fortune

Exclusive: Prediction market Kalshi launches crypto deposits as Trump maintains big lead on betting sites

Kalshi still lags behind Polymarket, the offshore leader among electoral betting markets.

Fortune

Noted oddsmaker JD Vance says Trump has a 60% chance to win the election

Ohio senator polls shouldn’t be trusted because ‘if you’re a higher education level Democrat, you’re much more willing to answer pollster questions’

The Independent UK

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read the most diverse news in one place.

Here’s why you shouldn’t put your faith - or money - on election betting markets

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

The Independent UK

Kalshi points to a Trump win. Its 28-year-old CEO says the betting market is more reliable than polling

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

Fortune

‘That’s a good thing for democracy’: Is gambling making politics fun?

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

The Independent UK

Donald Trump gains the upper hand in the prediction markets—an indicator more accurate than polls, expert claims

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

Fortune

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Last-minute Legal Ruling Allows Betting On US Election

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.

International Business Times

Short Circuit: A Roundup of Recent Federal Court Decisions

Stem cells, boondoggles, and watering flowers.

Reason

At the Races: Please bet responsibly - Roll Call

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…

Roll Call

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

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

Fortune

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

Federal Judge Rules In Favor Of Betting On U.S. Elections

A federal judge's ruling may pave the way for legal gambling on U.S. elections, impacting the industry and regulators.

Fortune

Polymarket likely to remain offshore for now despite ruling in favor of U.S. election betting

The predictions market Kalshi successfully sued the Commodity Futures Trading Commission, which might appeal the ruling.

Al Jazeera

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.

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news in one place.

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Tribune News Service

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.

Reason

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.

Tribune News Service

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.

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