Tag: kalshi
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My Doomscrolling Addiction Is Why I Avoid Prediction Markets
For more than a decade, I’ve had periods of addiction to consuming negative news content on social media—typically through Twitter. This is commonly called doomscrolling. I’ve had trouble sleeping; I’ve deactivated and reactivated my Twitter (now X) account countless times; I’ve heard phantom notifications. I justified my doomscrolling by my career as a journalist, telling…
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Massachusetts To Block Kalshi Sports Betting
Massachusetts has won the legal right to block the prediction market platform Kalshi from facilitating stock-market-style sports betting. The state sued Kalshi in September, alleging unlicensed and illegal gambling. On Jan. 20, 2026, a court granted the state an injunction that gives the state the power to force Kalshi to shut down at least part…
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Democratic Congressman Pens Word Salad Claiming Sports Betting Isn’t Gambling
Gobbledygook in support of online sports betting crosses party lines. U.S. Congressman Don Davis, a Democrat from North Carolina, penned written testimony backing so-called “prediction markets” — a form of stock-market-style sports betting. He said the product isn’t gambling, which is a disastrous misrepresentation that could harm his constituents through addiction and financial losses. Rep.…
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CNN Begins Showing Gambling Odds On News Under Kalshi Partnership
CNN is promoting gambling odds from the platform Kalshi under a surprising partnership. Under the deal that kicked off Dec. 3, CNN has backend access to the betting company’s “data” (i.e., gambling odds) for real-world current events, including politics, elections, and the weather. Kalshi, which now handles billions of dollars in monthly trading volume, mostly…
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Kalshi Advertising: ‘Everyone Is An Expert On Something’
It’s human nature to want to know things and acquire knowledge. Many people enjoy the social or practical benefits of having expertise in something, whether it’s acquired through formal education and a career or as a hobby. Some people also want others to think of them as an “expert” on a topic. This desire can…
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