❌

Reading view

There are new articles available, click to refresh the page.

Researchers Identify Suspicious Activity on Kalshi and Polymarket Before Times/Siena Poll Release

A trader placed well-timed bets on Polymarket and Kalshi in two Senate races. It was unclear if the person had access to inside information or simply made good trades.

Β© The New York Times

Polymarket Is Investigating Suspicious Bets on Israeli Election

The company said it was looking into hundreds of new accounts that had placed wagers in two markets related to the election on Tuesday.

Β© Chris McGrath/Getty Images

Israel’s prime minister, Benjamin Netanyahu, speaking at a Likud event in Jerusalem on Wednesday.

Its Investors Say Kalshi Is Worth $40 Billion. Is an I.P.O. Next?

The prediction market raised $1 billion in a new funding round and landed a market value almost double that of rival Polymarket. But legal challenges to its business persist.

Β© Jeenah Moon/Reuters

Tarek Mansour, the C.E.O. of Kalshi, said there had β€œbeen discussions” about a public offering for the company.

Its Investors Say Kalshi Is Worth $40 Billion. Is an I.P.O. Next?

The prediction market raised $1 billion in a new funding round and landed a market value almost double that of rival Polymarket. But legal challenges to its business persist.

Β© Jeenah Moon/Reuters

Tarek Mansour, the C.E.O. of Kalshi, said there had β€œbeen discussions” about a public offering for the company.

DraftKings Faces Growing Pressure Over How It Targets Customers

In Congress and in several states, officials have been questioning online gambling companies about their use of artificial intelligence.

Β© Tony Luong for The New York Times

The DraftKings headquarters in Boston. The New York Times reported last month that the company had used A.I. to target customers.
❌