Tagged: prediction markets

While a stunt involving fake polls may not have been an effort to rig prediction markets, concerns are growing ahead of the midterms about other attempts to influence the betting sites.

The spat between the leading prediction market company and a key battleground state could be a glimpse into the next major fight between states and the fast-growing industry.

It's the first known instance of officials investigating suspected insider trading on a prediction market from inside the White House.

Kalshi says it has blocked "dozens" of trades from campaign insiders, but experts say the company's approach leaves lots of potential loopholes. NPR has found at least one trade that slipped through.

The company is building an app separate from Facebook and Instagram where people can wager on the outcome of real-world events, using "play money."