Polymarket, Kalshi expand political donations as firms face state, federal scrutiny
4 Articles
4 Articles
Polymarket, Kalshi expand political donations as firms face state, federal scrutiny
By Douglas Gillison WASHINGTON, Oct 22 (Reuters) - Prediction market operators Kalshi, Polymarket and their founders have given at least $5 million combined to Republican and Democratic political groups this election cycle, according to campaign financ...
Kalshi, Polymarket Pour $5M Into 2026 Politics, $2.7M to GOP
Prediction market operators Kalshi and Polymarket, together with their founders, have contributed at least $5 million to U.S. political groups during the 2026 election cycle, increasing their political spending as legal disputes threaten to restrict their ability to offer sports-related event contracts across the country.The contributions include approximately $2.7 million directed toward Republican organizations, with the remainder going to Dem…
Kalshi, Polymarket and their founders contributed at least $5 million to political groups in this election cycle, while facing state demands and Congressional questions about their predictive markets.
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