Wanna bet? Online prediction markets wager that you will

Mon, 17 Nov 2025 01:19:38 +0000

The people behind the prediction market Kalshi, where people can place wagers on everything from elections and sports contests to the anticipated bridesmaids at Taylor Swift's wedding, say its users trade a billion dollars every week. But as prediction markets are expanding, this burgeoning business model is coming under the scrutiny of some state regulators and attorneys general. Jo Ling Kent reports.