Kalshi
Kalshi bans ex-Congressman George Santos for life after concluding he likely was insider trading
NEW YORK | The online prediction market platform Kalshi said Monday that it has permanently banned former U.S. Rep. George Santos for his bets on whether he’d attend the State of the Union address and has fined and temporarily banned North Carolina congressional candidate Laurie Buckhout for bets she now calls a “dumb mistake.” The […]
George Santos reported to prosecutors over suspicious Kalshi trades, AP source says
NEW YORK | A prediction market reported former U.S. Rep. George Santos to federal prosecutors after he boasted he’d be going to President Donald Trump’s State of the Union address, then bet against his own attendance, according to a person familiar with the investigation. Kalshi, the online prediction marketplace, referred Santos to the Department of […]
Gamification and memes lure young people to sports wagering apps, prediction markets
When Rory McIlroy won the Masters for the second year in a row, Kalshi shared a photo of him on Instagram with the words, “Wait he’s goated.” When a video of NBA player Damian Lillard recovering from an injury circulated online, Kalshi’s main competitor Polymarket posted, “The league is cooked.” If you don’t know what […]