Polymarket and Kalshi Turn Midterm Elections Into a Multimillion Dollar Market
Betting markets like Polymarket and Kalshi have transformed America’s democracy into a new kind of casino.
What happened?
Betting markets like Polymarket and Kalshi have transformed America’s democracy into a new kind of casino.
Story details
Betting markets like Polymarket and Kalshi have transformed America’s democracy into a new kind of casino.
Why it matters
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Original source
https://www.nytimes.com/2026/10/29/technology/polymarket-kalshi-midterm-election-betting-wagers.html