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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.

© The New York Times

Gaming Out the Prospect of a Blue Wave

Business executives and investors are preparing for a Democratic sweep and the ramifications for policy on data centers, cryptocurrency and more.

© Ricardo Arduengo/Agence France-Presse — Getty Images

In Dallas yesterday. The stakes are high as Election Day arrives.

Why Kalshi Wants to Repeal a 1958 Law About Onions

A law enacted after a brazen scheme to rig onion prices in the 1950s puts the vegetable, as well as box office receipts, off-limits for prediction markets.

© Dado Ruvic/Reuters

You can find these onions at a supermarket, but not in prediction markets.

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.

© 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.

© Jeenah Moon/Reuters

Tarek Mansour, the C.E.O. of Kalshi, said there had “been 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.

© Jeenah Moon/Reuters

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