Tag: kalshi
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Kalshi hits the back of the net with $27 billion FIFA World Cup windfall
July 23 : Prediction market startup Kalshi scored well during the 2026 FIFA World Cup, netting roughly double its projected user traffic and trading volume as fans scrambled to turn their soccer savvy into profits.Kalshi recorded $27 billion in trading volume and saw about 3 million users during the length of
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Kalshi debuts US midterms hub for election forecasts and polling data
July 22 : Prediction market operator Kalshi said it had launched a new hub for tracking the U.S. midterm elections, offering users real-time election forecasts alongside polling, fundraising and historical election data.The New York-based company said the hub will provide a market-based view of election races
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Judge rejects Kalshi bid to block New York gambling enforcement law
NEW YORK, July 8 : A federal judge denied Kalshi’s bid to block New York from enforcing its gambling laws against the prediction markets platform, amid a growing battle between federal and state regulators over authority to police the fast-growing industry.In a decision on Tuesday, U.S. District Judge Analisa
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Zuckerberg asks Meta to explore working with Polymarket and Kalshi, NYT reports
June 26 : Meta CEO Mark Zuckerberg has urged his lieutenants to explore partnerships with the popular prediction markets Polymarket and Kalshi as his company builds a similar app, the New York Times said on Friday, citing three employees with knowledge of the matter. Meta and Kalshi did not immediately respon
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Prediction market Kalshi bets on compliance to address insider trading concerns
June 9 : Prediction market Kalshi said on Tuesday it will mandate employment disclosures for users trading on sensitive contracts and launch a whistleblower portal, steps aimed at aligning the platform with regulatory expectations for market integrity.The move by Kalshi marks a shift toward building instituti
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