Analyst Finds Kalshi Users Lose Money Faster Than Gamblers, Kalshi Allegedly Pressures Data Provider Then Cries Extortion
What started as a fairly routine data analysis quickly turned into a public feud. According to sources, an equity analyst examined betting results and concluded that users of fast-growing prediction markets were burning through money more quickly than gamblers on mainstream betting apps. Soon after, Kalshi Inc., the largest prediction market in the US, went … Read more