About 90% of Kalshi's volume has come from sports contracts in recent months. In late 2024, prediction markets seemed poised to take over the world. Thanks to a big win in a court case against the ...

Prediction markets like Kalshi, which some liken to legalized gambling, allow investors to bet on reality. How do they work ...

Billions of dollars are trading hands on sites like Polymarket and Kalshi, where people bet on everything from Taylor Swift’s ...

Meanwhile, Interactive Brokers has actively avoided offering sports-related prediction markets. Peterffy acknowledged that most of the prediction-market volume at its competitors comes from sports, ...