Betting on Ayatollah’s Ouster Ignites Ire Over Prediction Markets

Bettors are angry that Kalshi, citing a policy against death bets, did not pay on wagers. And with signs of trading on government secrets, some lawmakers want to restrict prediction...

By Ephrat Livni · The New York Times – World

Bettors are angry that Kalshi, citing a policy against death bets, did not pay on wagers. And with signs of trading on government secrets, some lawmakers want to restrict prediction markets.