“Kalshi
has
taken
the
decision
as
carte
blanche
to
list
dozens
of
election
betting
contracts,
including
bets
on
the
outcome
of
the
presidential
election,
the
winner
of
the
popular
vote,
margins
of
victory,
which
state
will
have
the
narrowest
margin
of
victory,
and
bets
on
numerous
other
state
and
federal
elections,”
the
filing
said.
“Kalshi’s
website
previews
other
contracts,
including
what
it
refers
to
as
‘parlays’
(a
term
used
in
sports
betting)
on
various
election
outcomes,
as
‘coming
soon.'”
Kalshi,
which
is
one
of
two
U.S.-regulated
prediction
markets
and
settles
trade
in
dollars
(the
other
is
Interactive
Brokers’
ForecastEx),
had
to
sit
out
most
of
the
2024
election
betting
boom
while
its
case
was
pending.
Crypto-based,
offshore
platform
Polymarket
dominates
the
field.
