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Kalshi traders' favored candidate won 95% of congressional and governors' races, a CBS News analysis found.

Lawsuit demands Kalshi return losses because online betting is illegal in Washington.

Kalshi traders cut the odds of an Anthropic IPO announcement before December as AI stocks sold off after Democrats won control of Congress.

Kalshi can't avoid gambling law by claiming it doesn't offer gambling, state AG says.

CBS News' Anthony Salvanto and Kalshi's head of research Nicole Kagan join "The Takeout" to discuss how Kalshi traders are spending their money with one day left until the midterm elections. Kalshi is a prediction market sponsor of CBS News.

Midterms - Eleitora preenche cédula de votação em Harrisburg, na Pensilvânia (EUA) REUTERS/Mike Segar As eleições legislativas dos Estados Unidos acontecem em um momento de expansão dos chamados mercados de previsão, plataformas nas quais os usuários podem apostar dinheiro em possíveis resultados de acontecimentos, incluindo disputas eleitorais. O uso dessas

Studies have shown that the betting sites can predict races correctly, but their ability to forecast U.S. midterm elections is an important proving ground.

Betting markets like Polymarket and Kalshi have transformed America’s democracy into a new kind of casino.

Utah has filed criminal charges against Kalshi and its executives, accusing the prediction market of breaking anti-gambling laws, as reported by The Salt Lake Tribune and the Associated Press. The state has filed 14 charges against Kalshi, as well as CEO Tarek Mansour and COO Luana Lopes Lara, including 12 counts of illegally promoting online […]

The prediction market platform one year ago was valued at $5 billion.

The charges come after a federal judge ruled that Utah could enforce its anti-gambling laws against prediction markets.

Charges filed as Trump admin tries to save Kalshi from Utah's total ban on gambling.

The league also inked a memorandum of understanding with the CFTC, the federal regulator of prediction markets.

The NBA announced Monday that it's partnering with prediction markets Kalshi and Polymarket and expanding its DraftKings deal to include a prediction market offering.

Shane Gillis goes head to head with Danny McBride in an absurdly funny new ad for prediction market platform Kalshi. McBride wrote the four-minute commercial, which stars Gillis as a weatherman who can’t seem to get the forecast right. McBride isa meteorologist at a competing network who is somehow always spot on. Fed up with […]

There have been millions of dollars worth of trades across prediction markets like Kalshi ahead of Election Day, but which races are drawing the most attention across different parts of the country? CBS News executive director of elections and surveys Anthony Salvanto and Kalshi head of research Nicole Kagan join to discuss. Kalshi is sponsoring the use of i