Prediction markets are changing the dynamics of the worldwide betting market, with Polymarket, one of the largest prediction markets platforms globally, securing a huge commercial deal. Polymarket announced a partnership with social media platform X (formerly Twitter) last Friday (6 June). The company has become the official prediction market partner of X, though the timing of the deal’s announcement during …
Read More »Tag Archives: Kalshi
What’s the deal with Kalshi? Politics, sports and the US event contracts phenomenon
Seven years down the line, a topic has arisen that has potential to shake up the US betting market, that being political betting markets and the drama around Kalshi, an events prediction platform. For overseas operators, including many from the UK, the US has posed a lucrative but highly challenging market for the past few years, with only a handful …
Read More »Kalshi now has three lawsuits against US regulators
The list of lawsuits filed by US financial firm Kalshi keeps growing. The firm filed a third lawsuit against a gaming regulator this week, this time taking Maryland Lottery and Gaming to court. Kalshi previously filed suits against both the Nevada Gaming Control Board (NGCB) and the New Jersey Division of Gaming Enforcement (DGE). At issue in all three suits …
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