Hot Paths

New York sues Kalshi for ‘running an illegal gambling operation’ (KALSHI:Private)

Five stacks of coloured coins arranged as a bar chart

Richard Drury

Prediction markets are big, really big. In many ways, they have overtaken other risk-filled trades that have captured the hearts of the retail crowd, like meme stocks and crypto mania. There’s no better indicator of this than the rise of Kalshi (

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