The prediction market app Kalshi is displayed on a mobile phone Thursday, April 16, 2026, in Chicago.
Erin Hooley/Associated Press
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Erin Hooley/Associated Press
While a stunt involving fake polls may not have been an effort to rig prediction markets, concerns are growing ahead of the midterms about other attempts to influence the betting sites.
The prediction market app Kalshi is displayed on a mobile phone Thursday, April 16, 2026, in Chicago.
Erin Hooley/Associated Press
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Erin Hooley/Associated Press

Election-season trading on prediction markets is skyrocketing as states fight to outlaw the platforms as unlicensed casinos

A University of North Carolina researcher explains how polling failures, gambling legalization and political gridlock led to…

Minnesota has banned the platforms outright, Massachusetts is suing Kalshi, and nearly 70% of Americans want government officials…

HARRISBURG, Pa. (AP) — Election-season trading on prediction markets, including in this fall’s biggest races, is skyrocketing…

“This is a troubling trend that election administrators across the nation must deal with,” said Jared DeMarinis of the Maryland…

As interest in political betting grows, so do concerns about the potential for corruption and inside trading tied to popular…