Prediction market Kalshi seeks US approval to offer margin trades
Initiative highlights rapid evolution of events betting from quaint origins offering wagers on Oscars and elections
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Prediction markets: the hunt for the new ‘dumb money’
As new bettors flock to platforms such as Kalshi and Polymarket, some make easy prey for trading firms and professional gamblers
How prediction markets evolved into sports gambling behemoths
Open interest in Kalshi sports contracts has surged past any other category as lawsuits threaten operations
Prediction markets take a bigger bite of US sports gambling pie
DraftKings and Flutter shares slide as investors fret about threat posed by apps such as Kalshi
The uses and abuses of prediction markets
Insider bets, low liquidity and regulatory gaps complicate efforts to turn wagers into financial tools
Wall Street groups hire traders to wade into prediction markets
Big financial companies expand beyond traditional securities to arbitrage event contracts in sport and politics
Kalshi hit as Nevada judge deems platform is subject to gambling laws
Setback for prediction markets start-up as ruling that blocked enforcement by state regulators is overturned