Kalshi and Polymarket won’t be part of FTC sports gambling probe, report
The Federal Trade Commission probe will ignore Kalshi and Polymarket and focus instead on sportsbooks like DraftKings and FanDuel.
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The Federal Trade Commission probe will ignore Kalshi and Polymarket and focus instead on sportsbooks like DraftKings and FanDuel.
Read more (2 min) →A group of American Indian tribes wants to stop prediction markets and regulatory bodies from undermining gaming laws on their land.
Kalshi’s former lawyer now helps the US Department of Justice in lawsuits that cushion Kalshi from criminal lawsuits by state regulators.
— Kalshi, Polymarket
Polymarket currently has open assassination markets on its website and they’re some of the most heavily traded markets on the platform.
— Kalshi, Polymarket
Polymarket and Kalshi are popular in the cryptocurrency industry, but neither is truly "decentralized" like other projects.
Kalshi apparently allowed traders to bet on Ali Khamenei's ousting, racked up $54M in trades, then voided the result when he was killed.
— Kalshi, Polymarket
Under Trump's administration you can gamble on what it will do via prediction markets advised by and which financially benefit Trump.
According to a report from Paradigm several important data providers were inadvertently over-counting Polymarket volume.
— Kalshi, Polymarket
Kalshi and Polymarket are paying accounts with thousands of followers to promote them to their audiences and display their affiliate badge.
Traders are using Polymarket to bet on whether Larry Ellison or Elon Musk are the world’s richest person, but odds lines are fluctuating.