Reading up on Kalshi
10 deep · digging since nov 26, 25
- Kalshi’s C.E.O. Isn’t Interested in Management Advice
Tarek Mansour, Kalshi’s MIT-educated CEO and co-founder, rejects conventional management advice to maintain a mathematical, objective approach in building his prediction market company.
- Do These C.E.O.s Loathe Each Other? Bet on It.
The piece details the fierce rivalry between Polymarket CEO Shayne Coplan and Kalshi CEO Tarek Mansour as they compete to dominate the prediction‑market industry.
- On Kalshi and Polymarket, World Cup Final Drives Bets Into the Billions
The World Cup final drove prediction‑market activity on Kalshi and Polymarket to record levels, generating billions in bets and possibly the largest gambling event ever.
- U.S. Is Said to Be Investigating George Santos Over Kalshi Betting
Federal investigators are probing former Congressman George Santos for betting on his own State of the Union attendance through Kalshi.
- The Average Guys Outsmarting Wall Street on Prediction Markets
Retail prediction-market traders—'sharps'—have earned millions betting on events like elections and movie scores, often beating institutional forecasts.
- Why Almost Everyone Loses—Except a Few Sharks—on Prediction Markets - WSJ
A WSJ analysis finds a small number of algorithmic traders capture most winnings on Polymarket and Kalshi, while typical users lose money.
- Are Prediction Markets Good for Anything?—Asterisk
Despite billions in volume, Polymarket and Kalshi prediction markets produce useful forecasts mainly on high-profile risks, while AI chatbots may soon replace them as the primary source of probabilistic information.
- Prediction markets are ushering in a world in which news becomes about gambling
Prediction markets like Polymarket incentivize manipulation and gambling on news events, risking public trust by merging information with financial speculation.
- The Rise of Prediction Markets - The New York Times
Prediction markets like Polymarket and Kalshi are handling billions in bets on events from elections to entertainment, signaling a surge in speculative trading.
- Robinhood, Susquehanna to Launch Exchange to Expand Prediction Markets Offerings - WSJ
Robinhood and Susquehanna are launching a new futures and derivatives exchange to expand prediction contracts offerings tied to sports, elections, and other events.