To curb political manipulations, Kalshi is expanding its prohibition on elected officials betting on their own campaigns to everyone who is running for office. The company built t

The political battle over sports betting on prediction markets is heating up as professional leagues dive deeper into the national gambling frenzy. Lawmakers in both parties are attempting to

The company said it would ban political candidates from trading on their own campaigns and would block any college or professional athletes from trading related to their sports.

A new venture capital fund focused on prediction markets is launching with initial investments from a long list of prominent investors including two of the industry’s biggest players, Polymarket’s Shayne Coplan and Kalshi Inc.

EXCLUSIVE: Prediction markets such as Polymarket and Kalshi have exploded over the last twelve months. This has encouraged comedian Noah Gardenswartz to launch a weekly comedy series tracking the craziest elements of this new trend.