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Kalshi director talks scrutiny over election betting as platform launches midterms hub
MSNBC· 2026-07-26 13:25
prediction market users wagered billions of dollars in the 2024 presidtial election that figure could rise significantly for future election cycles. This week, Kalshi unveiled a new online hub for midterm election betting, describing it as a one-stop shop for state and federal election forecasting. Kalshi says it's put in safeguards to prevent people with inside knowledge from betting on U .S.elections and that they've banned insider trading. The rapid growth of election prediction markets has also fueled c ...