About 90% of Kalshi's volume has come from sports contracts in recent months. In late 2024, prediction markets seemed poised to take over the world. Thanks to a big win in a court case against the ...

Twenty-three states have laws banning betting on elections, according to Pew Research. Not every state is sure these rules apply to prediction market trades.

The company said the page gives viewers of its event contracts a central place to see speculators' outlook for the midterm elections.

Prediction market users have wagered in excess of $197 million on midterm election results, according to NBC News. The outlet analyzed 1,408 open markets on Kalshi and Polymarket for its report, ...

The site claims its hub will provide accurate insights into election outcomes based on traders' bets.

The significant boom of prediction markets is pushing U.S. elections into uncharted territory, prompting concern and scrutiny about the risks of betting on political ...