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Kalshi

American prediction market platform

Kalshi Inc. is a prediction market platform based in Manhattan, New York City, that launched in July 2021. The platform is used primarily for sports betting, which constitutes more than 90% of site activity and 89% of revenue in 2025.

Summary from Wikipedia, CC BY-SA.

In the news

2 stories
  1. Oct 8
    NFL Seeks Prediction Markets Ruling
    Mostly CenterThe case pits operators such as Kalshi, which call event contracts federally regulated financial products, against states that call sports contracts gambling under state law.
    15articles
  2. Sep 24
    New York Sues Polymarket
    Mostly CenterThe case follows earlier New York actions against Kalshi, Coinbase and Gemini, as states and federal regulators fight over who controls prediction markets.
    6articles