Kalshi Claims ‘Extortion,’ Then Recants in Prediction Markets ...
3 days ago · It began innocuously enough. A stock analyst pulled data on betting results to argue that users of booming prediction markets were losing money faster than on traditional …
Kalshi Claims ‘Extortion,’ Then Recants in Feud Over User Losses
3 days ago · A stock analyst pulled data on betting results to argue that users of booming prediction markets were losing money faster than on traditional gambling apps. Then it …
Analyst Finds Kalshi Users Lose Money Faster Than Gamblers ...
3 days ago · Soon after, Kalshi Inc., the largest prediction market in the US, went on the offensive. The company told Bloomberg that the analysis was not only incorrect, but tied to what it …
Kalshi Withdraws ‘Extortion’ Charge after Clashing with Juice ...
3 days ago · Prediction market giant Kalshi briefly accused a data startup of extortion after a report suggested its users were losing money at a faster rate than traditional sports bettors. A …
Analyst Finds Kalshi Users Lose Money Faster Than Gamblers ...
2 days ago · Within hours, Kalshi softened its position, saying it still disagreed with the conclusions but that “after further review, we don’t believe the intention was extortion.”
Kalshi Fires Back After Bank Report Claims Prediction Markets ...
2 days ago · PR debacle Kalshi has responded after a new Wall Street research report claimed daily users of the prediction market platform appear “to lose money faster” than those using …
Kalshi Fires Back Over Report Sportsbooks Offer Better Value
2 days ago · Despite walking back its extortion claim, Kalshi reportedly continued to challenge the conclusions of Bender’s article and denied trying to strong-arm the Juice Reel CEO to change …