💬 Opinion 10h ago · The Intercept Briefing

Prediction Markets Have a Lock on the Midterms

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Prediction Markets Have a Lock on the Midterms
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As so-called prediction markets like Kalshi and Polymarket embed themselves in every aspect of our daily lives, from elections to sports and entertainment, concerns have grown about what the explosion of these poorly understood, loosely regulated platforms could mean for regular people and democracy writ large.



Celebrities from LeBron James to Sydney Sweeney have inked lucrative deals with prediction platforms. Legacy news outlets have even begun including prediction market data in their cove

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