Prediction markets like Kalshi beat pollsters in forecasting the 2024 US election. Mansour now says financial marketplaces ...

Users holding Trump contracts stand to receive $1 per contract upon settlement, which could be as early as this week for ...

"Make no mistake, Polymarket single-handedly called the election before anything else," Shane Coplan, chief executive of the ...

Prediction markets, which surged to prominence during the presidential campaign, started reflecting a likely Trump win ...

Donald Trump and the GOP were big winners last night. But just below them in the tier of winning are election bettors and ...

Long prohibited by regulators, U.S. forecasting sites recently won the right to offer bets on national elections—a liberty Trump is unlikely to roll back after the bettors backed him to win.

Tarek Mansour, chief executive of Kalshi, conceded that about 90% of the traders on his platform are men. But he said that “doesn’t do anything,” noting that a higher share of the website’s female ...

Nearly $5 billion in bets have been placed on the outcome of the presidential election across Polymarket and Kalshi.

These markets … are the best mechanism to get more truth about who’s actually going to win,” says Kalshi co-founder Tarek ...

The CEO of Kalshi, Tarek Mansour, told the outlet and referred to his election market as a “mechanism for truth,” indicating ...

So Kalshi has added options for debit card and Apple Pay deposits. This will allow users who sign up for the platform over ...

Wagers have been flooding in for weeks after a ruling opened the door to U.S. users placing bets on ballot outcomes, blurring ...