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.
A bipartisan pair of senators are pressing Kalshi and Polymarket over prediction markets tied to the Nov. 3 midterm elections. "We write to express concerns about election-related prediction...
Prediction markets like Kalshi and Polymarket are changing democratic participation in underappreciated ways, writes Priscilla Yoon.
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