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Kalshi cashes in with US$27 billion World Cup windfall, but legal issues remain

Prediction market start-up lets people wager on ‌the outcome of events such as sport and elections and has gained popularity since 2024.

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scmp.comStai leggendo1 g fa

Kalshi cashes in with US$27 billion World Cup windfall, but legal issues remain

Kalshi doubled projected World Cup trading to $27 billion with 3M users, signaling prediction markets' mainstream traction post-2024 elections. Regulatory headwinds persist as the platform expands into clinical trial forecasting—a market with higher compliance friction than sports betting.

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channelnewsasia.com1 g fa

Kalshi hits the back of the net with $27 billion FIFA World Cup windfall

Kalshi doubled FIFA 2026 trading volume to $27B with 3M users, now expanding into clinical trials and FDA regulatory bets. Regulatory battles—insider trading investigations, gambling suits—expose core risk: compliance costs erode unit economics.

Kalshi cashes in with US$27 billion World Cup windfall, but legal issues remain

Kalshi hits the back of the net with $27 billion FIFA World Cup windfall

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Kalshi hits the back of the net with $27 billion FIFA World Cup windfall

Kalshi cashes in with US$27 billion World Cup windfall, but legal issues remain