Business
Anthropic IPO announcement odds drop on Kalshi following midterms and AI sell-off
Kalshi traders cut the odds of an Anthropic IPO announcement before December as AI stocks sold off after Democrats won control of Congress.
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Entertainment
Midterm Elections: Americans Have Wagered $1.9 Billion on Prediction Markets on U.S. Races — With Democrats Favored to Win House and Senate
It’s Election Day for the pivotal 2026 midterms that will determine control of U.S. Congress — and a bunch of people are trying to make money by betting on the outcome. As of Monday (Nov. 2) at 8 p.m. ET, nearly $1.9 billion had been wagered on the midterm elections on the two biggest prediction […]
Business
Prediction market traders now see nearly 75% chance of Democrats winning the Senate
Just a day before the midterms, Kalshi traders give Democrats a 74% chance of controlling the Senate.
Business
Kalshi valuation jumps to $40 billion in latest funding round
The prediction market platform one year ago was valued at $5 billion.
Business
Kalshi, cofounders hit with criminal charges in US state of Utah
The charges come after a federal judge ruled that Utah could enforce its anti-gambling laws against prediction markets.
Business
NBA enters prediction markets with Kalshi, Polymarket partnerships
The league also inked a memorandum of understanding with the CFTC, the federal regulator of prediction markets.
Entertainment
Shane Gillis and Danny McBride Are Rival Weathermen in Absurdist, 4-Minute Kalshi Ad (EXCLUSIVE)
Shane Gillis goes head to head with Danny McBride in an absurdly funny new ad for prediction market platform Kalshi. McBride wrote the four-minute commercial, which stars Gillis as a weatherman who can’t seem to get the forecast right. McBride isa meteorologist at a competing network who is somehow always spot on. Fed up with […]
Business
Prediction-market odds rise for Marine Le Pen in France 2027 presidential race as protests roil nation
Speculators on Kalshi see higher odds that Marine Le Pen will win France 2027 presidential contest amid growing unrest in the country.
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Prediction market odds on Tesla-SpaceX merger are above 50% for early 2027
Kalshi odds for a Tesla-SpaceX merger rose above 50% for early 2027 as Barclays outlined how a deal could work.
Business
Kalshi traders see high odds that more than 5,100 data centers will be planned or operating before 2027
Despite the growing backlash against data centers, Kalshi odds show the buildout will continue to expand.
Business
Little relief expected for gas prices ahead of Election Day, according to prediction markets
Gas prices are expected to remain above $4 per gallon on Nov. 3, according to traders on prediction market platform Kalshi.
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NFL tells Supreme Court prediction markets are gambling and should be regulated by the states
In an amicus brief supporting New Jersey regulators in their battle against Kalshi, the NFL argues sports prediction contracts are effectively gambling
Business
Kalshi launches transparency features on its election contracts ahead of midterms
The platform will now provide tags that indicate which election markets have low volumes.
Business
House Democrat targets candidate prediction market trades after opponent’s Kalshi penalty
A new bill bans federal candidates from trading prediction market contracts related to their own elections and would result in a fine if violated.
Business
Kalshi traders see high odds Anthropic's IPO is announced this year
The higher odds come after the artificial intelligence company reportedly warned investors in its IPO prospectus that its models could be dangerous.
Business
Kalshi, Polymarket trading volumes on some products raise questions amid massive growth
Unusual trading patterns on Kalshi and Polymarket are drawing scrutiny as experts debate whether reported volumes reflect organic market activity.
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US court rules against Kalshi, says states can regulate prediction markets
US appeals courts have varied on regulation of prediction markets, opening the door to US Supreme Court debate.
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Appeals court rules that states can regulate Kalshi’s sports prediction markets, dealing another legal blow to platforms
The decision is the second in less than a month by an appeals court that states have a role in regulating sports-related event contracts.
Business
New York sues Polymarket over allegations of illegal gambling operations
The lawsuit comes two months after the state filed a similar lawsuit against competitor Kalshi.
Business
Kalshi asks CFTC to allow margin trading on its platform, letting users buy with borrowed funds
It's the latest move by the company as it and other event contract exchanges seek to gain greater participation by institutional traders.