The guy who runs a website for degenerate gamblers is in trouble after allegedly letting the wrong people play.

Prediction markets like Kalshi beat pollsters in forecasting the 2024 US election. Mansour now says financial marketplaces ...

Describing Kalshi's election betting platform as "a coin flip with a bias," CEO Tarek Mansour highlighted the platform's ...

These markets … are the best mechanism to get more truth about who’s actually going to win,” says Kalshi co-founder Tarek ...

We’re letting the market speak instead of pundits, pollsters, people, political figures, people with biases or conflicts of interest, people that had incentives or not,” Kalshi CEO Tarek ...

Political prognosticators legally bet over $100 million on the 2024 presidential election, favoring Harris over Trump.

Billions of dollars were staked on the election on prediction markets like Polymarket and Kalshi, with betting now open on ...

CEO Tarek Mansour shared with “Squawk Box” on CNBC. Kalshi, the financial exchange and prediction market, has jumped to the No. 1 spot in the Apple App Store “Finance” category ...

"This is the dawn of a new era for prediction markets," Kalshi's founder said. Betting markets called Trump's win weeks ...

The Kalshi office erupted in screams when its cofounder and CEO, Tarek Mansour, got the call from his lawyer two months before the U.S. election. Kalshi had won. Against all odds, the small ...

What Happened: Speaking on CNBC on Monday, Mansour explained that Kalshi's election markets reflect user-driven probabilities, offering a nuanced perspective distinct from traditional polling data.