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George Santos faces investigation for suspicious betting activity
politics Jun 3, 2026, 2:00 AM
George Santos faces investigation for suspicious betting activity
  • Kalshi detected suspicious betting activity by George Santos related to his attendance at a major political event.
  • The company reported these activities to both the Department of Justice and the Commodity Futures Trading Commission.
  • The investigation raises concerns about insider trading in prediction markets and the need for regulatory oversight.
400
CFTC gives green light for Kalshi to offer perpetual futures trading
business May 29, 2026, 2:00 AM
CFTC gives green light for Kalshi to offer perpetual futures trading
  • The CFTC approved Kalshi's request to offer perpetual futures contracts, making them accessible to U.S. traders.
  • The approval reflects a growing trend to incorporate crypto assets within established regulatory frameworks.
  • This development marks a significant milestone in the U.S. financial landscape, offering new trading opportunities for retail investors.
100
Senator introduces bill to protect minors from sports betting ads
business May 28, 2026, 2:00 AM
Senator introduces bill to protect minors from sports betting ads
  • Dr. Timothy Fong emphasizes the dangers of easy access to gambling for young people.
  • Senators Katie Britt and Richard Blumenthal have proposed a new bill restricting sports betting ads to minors.
  • The marketing strategies of prediction markets aim to attract younger audiences, raising concerns about potential addiction.
100
Kalshi penalizes politicians for insider trading during election races
politics Apr 22, 2026, 9:40 PM
Kalshi penalizes politicians for insider trading during election races
  • Three political candidates have been penalized by Kalshi for insider trading on their own races during primary campaigns.
  • The candidates, including Matt Klein, Ezekiel Enriquez, and Mark Moran, each faced fines and suspensions.
  • These actions underscore the ethical challenges posed by prediction markets in politics.
300
Kalshi achieves $22 billion valuation, surpasses Polymarket in prediction market
business Mar 20, 2026, 1:00 AM
Kalshi achieves $22 billion valuation, surpasses Polymarket in prediction market
  • Kalshi's valuation has increased to $22 billion as it competes with Polymarket.
  • Both prediction market companies engaged in promotional strategies to attract users.
  • Despite challenges, Polymarket is making a comeback in the U.S. market.
100
MrBeast's company fires video editor for insider trading violations
politics Mar 5, 2026, 8:15 PM
MrBeast's company fires video editor for insider trading violations
  • An employee at Beast Industries faced allegations of insider trading related to MrBeast's videos.
  • Kalshi imposed a $20,000 fine and suspended the employee for two years due to trading violations.
  • Beast Industries emphasizes a strict policy against insider trading to uphold ethical standards.
500
Iowa Electronic Markets launch predictive markets industry
business Feb 13, 2026, 11:30 AM
Iowa Electronic Markets launch predictive markets industry
  • In 1988, economists developed a marketplace for predicting event outcomes.
  • The Iowa Electronic Markets proved to be surprisingly accurate with limited traders.
  • The experiment established a foundation for a growing multibillion-dollar industry in prediction markets.
100
Seahawks favored to win Super Bowl 60 with 68 percent chance
sport Feb 8, 2026, 8:00 PM
Seahawks favored to win Super Bowl 60 with 68 percent chance
  • Prediction markets like Kalshi are popular for making Super Bowl 60 forecasts.
  • Seahawks are given a 68 percent chance to win, while Patriots have a 33 percent chance according to trading activity.
  • Engagement in betting and predictions highlights the evolving sports betting landscape in the U.S.
200
Seattle Seahawks favored to win Super Bowl 60 over New England Patriots
sport Feb 8, 2026, 3:55 PM
Seattle Seahawks favored to win Super Bowl 60 over New England Patriots
  • Prediction markets indicate the Seattle Seahawks have a dominant 68% chance of winning Super Bowl 60, while the New England Patriots sit at 33%.
  • Injury concerns for the Patriots could critically impact their defensive effectiveness against the Seahawks' offense.
  • The matchup draws significant interest as fans navigate the legality of sports betting in their states.
400
Giannis Antetokounmpo faces criticism for gambling site partnership
sport Feb 7, 2026, 3:32 AM
Giannis Antetokounmpo faces criticism for gambling site partnership
  • Giannis Antetokounmpo announced he is a shareholder in Kalshi, a prediction market.
  • Fans expressed concern over potential conflicts of interest and ethical implications of his involvement.
  • The backlash highlights the need for regulations in sports betting and predictions markets.
400
Trump faces high impeachment odds amid controversial presidency actions
politics Jan 19, 2026, 11:19 PM
Trump faces high impeachment odds amid controversial presidency actions
  • Betting odds for Donald Trump's impeachment during his second term reached a record high of 59 percent.
  • Democratic leaders have accused Trump of serious misconduct, sparking impeachment discussions but facing opposition in Congress.
  • Successful impeachment may hinge on the outcomes of the upcoming midterms, emphasizing the volatility of Trump's hold on power.
300
NCAA president Baker opposes betting on player transfers
business Dec 18, 2025, 1:00 AM
NCAA president Baker opposes betting on player transfers
  • NCAA has expressed strong opposition to prediction markets for college sports.
  • Kalshi intends to offer betting on player transfers, but markets are currently unavailable.
  • The NCAA's stance highlights growing concerns over gambling risks and integrity in college athletics.
100
NBA expansion decision expected in 2026 as Seattle hopes for a team return
sport Dec 16, 2025, 10:19 PM
NBA expansion decision expected in 2026 as Seattle hopes for a team return
  • NBA Commissioner Adam Silver has indicated that a decision regarding league expansion will occur in 2026.
  • Seattle and Las Vegas are the leading candidates for potential new franchises.
  • The surge in betting odds for Seattle reflects increased optimism for an NBA return before 2030.
200
Traders bet heavily on December Fed interest rate cut
business Nov 26, 2025, 2:51 PM
Traders bet heavily on December Fed interest rate cut
  • Prediction markets indicate a strong expectation of a 25-basis-point interest rate cut by the Federal Reserve in December, with probabilities above 80%.
  • Wall Street experienced a rally fueled by this anticipated rate cut and positive developments in several major sectors.
  • The expected rate cut could provide relief to consumers and spur spending during the crucial holiday shopping period.
200
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