Kalshi CEO Reports Soaring Demand for Election Betting

Reported 21 days ago

For the first time, Americans can legally bet on US election outcomes, with the predictions market platform Kalshi seeing over $200 million wagered on the race between Vice President Kamala Harris and former President Donald Trump. Kalshi CEO Tarek Mansour noted a significant increase in demand, although average bet sizes on Trump are slightly lower than on Kamala. He affirmed that no manipulation is occurring in this closely contested presidential race.

Source: YAHOO

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