Prediction market giant Kalshi is ramping up its push into political forecasting with a new “Midterms Hub” with a map showing how gamblers place the odds on Senate and House races in the fall elections. Bringing a veritable Vegas thrill to a sacred rite of democracy, the hub aggregates live market odds for the contests, … Read more
Prediction market Kalshi helped tee up a November 2024 FBI raid on the apartment of its arch-rival Polymarket’s CEO – part of a series of blows the companies have traded during their yearslong feud, according to a report that cited Polymarket sources. Before the raid, Kalshi attorneys met with prosecutors in Manhattan to amplify their … Read more
A California ice cream shop is freezing some assets — by placing bets on freezing weather. 28wishes, a bougie independent ice cream parlor in downtown Los Angeles, has been gaining cash on Kalshi, the online “prediction market” app that lets users gamble on everything from political races to Met Gala looks. According to the shop’s … Read more
The bets just keep on coming. Prediction markets continue to surge in popularity. On Kalshi and Polymarket, the two most popular prediction markets in America (and America’s news-cycle), total trading volume surpassed $24 billion in April 2026, up from about $1.8 billion a year prior, according to analysis from The Block. Kalshi is a prediction … Read more
Johnny Manziel could be angling to turn a blunder into a financial opportunity. The former Texas A&M quarterback received plenty of backlash after he no-showed an appearance on “College GameDay” on Dec. 20, as the traveling show was in College Station covering his alma mater’s first-round playoff tilt with Miami. Manziel released a statement the … Read more