Kalshi

Extracted Attributes

• Founders

  Tarek Mansour and Luana Lopes Lara

• User Base

  Approximately 2,000,000 users

• Legal Fees

  Over $30,000,000 USD spent to establish federal regulatory framework

• Headquarters

  Manhattan, New York City, USA

• Employee Count

  51-200 employees

• Regulatory Status

  Designated Contract Market (DCM) authorized by the CFTC

• Sports Betting Revenue Share

  89% of total revenue as of 2025

• Sports Betting Activity Share

  90% of total site activity as of 2025

Timeline

• Kalshi is founded by Tarek Mansour and Luana Lopes Lara. (Source: Web Search (SI.com))

  2018-01-01

• Kalshi attains a license from the CFTC, registering as a Designated Contract Market. (Source: Wikipedia)

  2020-11-01

• The Kalshi platform is publicly launched. (Source: Wikipedia)

  2021-07-01

• Kalshi begins facing sustained legal and regulatory challenges from the CFTC regarding political and election-related betting. (Source: Web Search (Wikipedia))

  2022-01-01

• The CFTC rejects Kalshi's congressional control contracts; Kalshi responds by suing the agency for exceeding its authority. (Source: Web Search (Wikipedia))

  2023-09-01

• Kalshi announces a partnership with IC360 and launches a consumer protection hub with deposit caps and self-exclusion tools. (Source: Web Search (ESPN))

  2024-03-01

• Analysts report that sports betting constitutes over 90% of site activity and 89% of revenue. (Source: Wikipedia)

  2025-01-01

Kalshi

Kalshi Inc. is a web-based prediction market platform based in Manhattan, New York City. Launched in July 2021, the platform is used primarily for traditional sports betting, which constitutes more than 90% of the activity on the site and 89% of the site's revenue in 2025. Activity on the site is described as "heavily tied to the sports calendar" by analysts. To a smaller extent, the platform is also used to place bets on future events, including economic indicators, cultural events, and most controversially, political outcomes for which the platform received much media attention. The site has been involved in several controversies and lawsuits regarding the legality of its political betting markets, the ethics of allowing wagers on sensitive geopolitical issues, and insider trading. Concerns over election integrity and decreasing public trust in the democratic process caused by election betting were raised by consumer advocacy groups and politicians. Scholars have challenged the assertion that Kalshi efficiently and accurately aggregates information about outcomes.

Web Search Results

• Kalshi - Wikipedia

  Kalshi Inc. is a web-based prediction market platform based in Manhattan, New York City. Launched in July 2021, the platform is used primarily for traditional sports betting, which constitutes more than 90% of the activity on the site and 89% of the site's revenue in 2025. Activity on the site is described as "heavily tied to the sports calendar" by analysts. To a smaller extent, the platform is also used to place bets on future events, including economic indicators, cultural events, and most controversially, political outcomes for which the platform received much media attention. [...] In 2023, another months-long legal dispute began between Kalshi and the CFTC. Kalshi repeated that its contracts serve the public interest. In contrast, the CFTC contends that these contracts constitute illegal gambling and that it lacks the resources to oversee them effectively. Chairman Rostin Behnam has cautioned that allowing election contracts could "ultimately commoditize and degrade the integrity" of the electoral process. Despite revised proposals allowing very large bets by hedge funds and institutions, the CFTC ultimately rejected Kalshi’s congressional control contracts in September 2023. Kalshi responded by suing the agency, claiming it exceeded its authority. [...] In November 2020, Kalshi attained a license from the Commodities Futures Trading Commission, registering the platform as a designated contract market. The site was publicly launched in July 2021. Beginning in 2022, Kalshi’s attempts to offer political and election-related betting faced sustained legal and regulatory challenges from the CFTC. The CFTC delayed decisions on these contracts, questioning whether they constituted valid risk-hedging tools and if they served the public interest. Internal disagreement emerged, with Commissioner Caroline Pham dissenting and arguing the contracts were not prohibited and did not require a public-interest test.

• Kalshi - LinkedIn

  Brandon Beckhardt (3d Edited): Kalshi just shattered every prior record this weekend — volume, users, everything. And the growth team is growing. We’re hiring for a few key roles: 🎬 Marketing Activations and Operations — Own the activation engine that turns partnership plans into fully executed, multi-channel campaigns. 📊 Data (Full-Stack, Growth-Focused) — Help us understand what’s actually working across growth. Analytics-heavy, with some data engineering. 📱 Creator Partnerships — Work directly with the best Instagram and TikTok creators on the internet. Sourcing, locking, activating. If you — or someone you know — is world-class at any of these, DM me. [Likes: 259, Comments: 25]; Valeria Vouterakou (4w): Kalshi is hiring our first Paralegal to work at the intersection of law, [...] # Kalshi Trade on the outcome of events Financial Services • New York, New York • 56,055 followers • 51-200 employees [...] Bryson's content will integrate Kalshi markets to his audience of millions in an industry first partnership [Likes: 146, Comments: 4]; Ryan Stanford (1mo Edited): 📈 Kalshi recently crossed $100B in annualized trading volume - a huge milestone for our company and a testament to the fact that prediction market curiosity has been converting into trust/usage at a rapid pace. This milestone, like the others Kalshi has achieved, would not be possible without the traders who use our platform and drive us to expand our market offerings, improve our product, and innovate faster. On that note, we're looking for a current Kalshi user interested in retiring from trading on our platform to join us full time in a Market Operations role. Avid Kalshi traders understand the ins and outs of how our markets

• What Is Kalshi? The Platform That Made Prediction Markets Legit

  In 2020, the Commodity Futures Trading Commission (CFTC) approved Kalshi as the first Designated Contract Market (DCM) authorized to list event contracts in U.S. history. The platform launched publicly in 2021. By 2025, it had processed tens of billions of dollars in trading volume. CNN and CNBC became broadcast partners. Robinhood integrated Kalshi contracts into its trading interface. Donald Trump Jr. joined as a strategic adviser. Here’s how it works — and why it matters. ### How Kalshi and Predictions Market Work Every market on Kalshi is structured as a binary question with a defined resolution date. For example: Will the Federal Reserve cut rates at the March meeting? Will the Cowboys win the NFC East? Will Shai Gilgeous Alexander win MVP? [...] # What Is Kalshi? The Platform That Made Prediction Markets Legit #### Ben Bloom | Mar 3, 2026 Kalshi: What is a Prediction Market Most overnight sensations take years to build. Kalshi is no exception. The company was founded in 2018 by Tarek Mansour and Luana Lopes Lara, two MIT graduates who spent the next several years — and reportedly more than $30 million in legal fees — working to establish that the event contracts they were building fall under federal commodities regulation rather than traditional gaming frameworks. [...] ### Why Federal Regulation Matters for Prediction Markets Kalshi’s CFTC designation places it under federal regulatory oversight. In contrast, traditional sports wagering operates under state-by-state regulation, creating differing rules and availability across jurisdictions. Because Kalshi operates as a federally regulated exchange, it is positioned to offer event contracts more broadly, subject to regulatory interpretation. However, the scope of that authority continues to face legal challenges. Several state regulators have contested certain sports-related contracts. Litigation is ongoing, and the outcome will shape how broadly specific categories of contracts can be offered. Regulatory clarity remains a key factor in the evolution of the event contract market.

• How Kalshi and prediction markets are disrupting sports betting

  Slane said that Kalshi has been in communication with the leagues to address questions and concerns about its product. "We, like them, want a safe, regulated platform that provides integrity reassurances," she said. In March, the company announced a partnership with IC360, an integrity monitor used by many collegiate and professional leagues, and launched a consumer protection hub featuring deposit caps and self-exclusion options -- tools typically associated with problem gambling. [...] A year later, Kalshi began offering sports contracts, including on the Super Bowl and the Masters, and advertised itself as the "First Nationwide Legal Sports Betting Platform." Over the next five months, more than $1 billion was traded on 3.4 million sports propositions, according to a company spokesperson. It has roughly two million users, the spokesperson said, and is still available nationwide. [...] Licensed sportsbooks operate in 38 states and the District of Columbia. In most states, the legal gambling age is 21. Kalshi is available to anyone over 18, and because it is regulated by the Commodity Futures Trading Commission, it can operate in all 50 states, including California and Texas, two states that have not legalized betting. "There's no doubt that it's gambling," said Dustin Gouker, a former journalist turned gambling consultant who has covered the industry for a decade. "You can argue on the logistics, and whether it's federally legal, all of that. But it's gambling."

• Kalshi: Trade News & Sports - Apps on Google Play

  Image 8: Screenshot image Image 9: Screenshot image Image 10: Screenshot image Image 11: Screenshot image _chevron\_right_ About this app _arrow\_forward_ Kalshi is the largest legal and federally regulated prediction market in the U.S. where you can make money by predicting real-world events — including pro football and pro basketball seasons. Perfect for anyone interested in event trading, forecasting, futures-style markets, and real-world predictions. It’s like stock trading — but instead, you’re trading on event outcomes. Simply predict whether an event will happen or not, and make money if you’re right. Join 10M+ users and trade thousands of markets across sports, finance, weather, and culture. Make money 24/7 on fast, simple prediction market contracts. FINANCIALS [...] FINANCIALS Daily S&P 500, Nasdaq 100, WTI oil ECONOMICS Fed interest rates, Inflation (CPI), GDP, Recession, Gas prices, Mortgage rates CLIMATE Hurricane strength, Daily temperatures, Tornado numbers CULTURE Billboard 100, Oscars, Grammys, Emmys, #1 Hits HOW KALSHI WORKS Kalshi is a federally regulated prediction market exchange where you buy and sell contracts on event outcomes. Contract prices reflect trader predictions. Buy contracts from 1¢ to 99¢ and sell anytime. At close, each contract pays $1 if you’re right. Simple trading, transparent pricing, real results. TRADE SPORTS Love day trading? Love sports? Now you can combine both. Kalshi lets you bet on sports through live event contracts across football, basketball, baseball, golf, MMA, tennis, and more. [...] Traders looking for federally regulated prediction markets Investors hedging financial risk with event contracts Forecasters who want to profit from real-world predictions Developers building automated trading strategies Kalshi combines prediction, prediction market mechanics, and flexible trading in one federally regulated platform. Updated on Mar 2, 2026 Finance or they just dont respond at all via "chat" or email support. Just going to cancel my account and go elsewhere. 117 people found this review helpful Did you find this helpful? Yes No KalshiEX LLC February 14, 2026

• Country

  India

• Located In

  Memari I community development block

• Instance Of

  Q56436498

• Population

  2,897

• Coordinates

  Lat: 23.15535, Lon: 88.12967