Channel NewsAsia
AsiaPac · 13 mins ago
Kalshi debuts US midterms hub for election forecasts and polling data
July 22 : Prediction market operator Kalshi said it had launched a new hub for tracking the U.S. midterm elections, offering users real-time election forecasts alongside polling, fundraising and historical election data.The New York-based company said the hub will provide a market-based view of election races using prices from prediction markets, where traders buy and sell contracts tied to political outcomes.Here are some details: • Kalshi said its prices reflect the views of traders willing to risk money on an outcome rather than voters' stated preferences. • Hub is intended to serve as a one-stop resource for voters, journalists, campaigns, policymakers and researchers seeking election forecasts.• The launch comes as prediction markets have grown rapidly since the 2024 U.S. presidential
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