310
8 days ago
Everything from the last week of everything is gambling now
Summary
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Kalshi’s facing a class action lawsuit, trying to attract more women to its platform, and launching contracts on the S&P 500.
Kalshi’s facing a class action lawsuit, trying to attract more women to its platform, and launching contracts on the S&P 500.
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See All by Stevie Bonifield
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See All by Stevie Bonifield
Kalshi is facing backlash from its own users after a class action lawsuit was filed last week alleging it failed to pay out as promised for wagers regarding when Iranian Supreme Leader Ayatollah Ali Khamenei would leave or be removed from office. Khamenei was killed in strikes on Iran last month, but according to the lawsuit, Kalshi didn’t implement a “death carveout” until after Khamenei had died.
Meanwhile, Kalshi is reportedly working to attract more women to its platform in an effort to grow its user base. As the Wall Street Journal reported on Sunday, the percentage of women using Kalshi has doubled over the past ten months, growing from 13 percent to 26 percent of Kalshi’s total users. According to Kalshi co-founder Luana Lopes Lara, that shift involves “catering to [women’s] interests and expertise in ways that traditional financial markets haven’t.”
Here are some other headlines from the past week in news about Polymarket, Kalshi, and prediction markets:
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See All by Stevie Bonifield
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A free daily digest of the news that matters most.
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Posts from this topic will be added to your daily email digest and your homepage feed.
Posts from this topic will be added to your daily email digest and your homepage feed.
Kalshi’s facing a class action lawsuit, trying to attract more women to its platform, and launching contracts on the S&P 500.
Kalshi’s facing a class action lawsuit, trying to attract more women to its platform, and launching contracts on the S&P 500.
Posts from this author will be added to your daily email digest and your homepage feed.
See All by Stevie Bonifield
Posts from this author will be added to your daily email digest and your homepage feed.
See All by Stevie Bonifield
Kalshi is facing backlash from its own users after a class action lawsuit was filed last week alleging it failed to pay out as promised for wagers regarding when Iranian Supreme Leader Ayatollah Ali Khamenei would leave or be removed from office. Khamenei was killed in strikes on Iran last month, but according to the lawsuit, Kalshi didn’t implement a “death carveout” until after Khamenei had died.
Meanwhile, Kalshi is reportedly working to attract more women to its platform in an effort to grow its user base. As the Wall Street Journal reported on Sunday, the percentage of women using Kalshi has doubled over the past ten months, growing from 13 percent to 26 percent of Kalshi’s total users. According to Kalshi co-founder Luana Lopes Lara, that shift involves “catering to [women’s] interests and expertise in ways that traditional financial markets haven’t.”
Here are some other headlines from the past week in news about Polymarket, Kalshi, and prediction markets:
Posts from this author will be added to your daily email digest and your homepage feed.
See All by Stevie Bonifield
Posts from this topic will be added to your daily email digest and your homepage feed.
Posts from this topic will be added to your daily email digest and your homepage feed.
Posts from this topic will be added to your daily email digest and your homepage feed.
A free daily digest of the news that matters most.
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© 2026 Vox Media, LLC. All Rights Reserved
AI Description
The article discusses the increasing trend of gambling-like activities in various sectors, highlighting Kalshi's legal and strategic challenges. It focuses on the company's efforts to diversify its user base and expand its offerings.