Are Prediction Markets Gambling? A Lot Rides on the Answer. artwork
The Daily

Are Prediction Markets Gambling? A Lot Rides on the Answer.

Sep 29, 2026 · 00:26:56

Prediction markets such as Kalshi and Polymarket have gained huge popularity over the past year. These marketplaces allow you to wager on just about anything — whether it’s who will win a football game or the weather in New York City.David Yaffe-Bellany, a technology reporter for The New York Times, discusses the legal challenge these platforms now face and how it could determine their future.Gues…