Polymarket

Are Polymarket, Kalshi illegal gambling sites or legitimate financial trading platforms? - opinion

Are the activities carried out by Polymarket and Kalshi in fact illegal gambling, or do they constitute legitimate financial trading activity?

The logo of prediction market trading platform Polymarket is seen on a digital screen (illustrative)
Polymarket betting on Israel striking Iran over an illustrative image of an Israeli hacker.

IAF reservist accused of leaking Iran strike details for profit via Polymarket betting

People cheer as they watch the 2025 Eurovision Song Contest finals being screened at a community center in Tel Aviv, Israel, on May 17, 2025.

Eurovision Song Contest oddsmakers predict Israel will win televoting again this year

Preparing air crews and technical teams ahead of the attack in Iran.

Bet 6 hours before - and earned NIS 1M on the attack in Iran


Prediction markets scrutinized following wagers on Khamenei's removal, Iran attacks

Odds moved sharply as rumors of his death circulated and analysts drew attention to a wave of wagers placed on his ouster both right before the attacks, as well as in January.

Polymarket Logo And Website With Prediction Market Interface On Computer Screen.

Israel indicts reservist, civilian for using classified information to bet on IDF military action

The case follows reporting that Israeli authorities were examining whether insider information had been used to profit from prediction markets tied to Israeli operations in Iran in June 2025.

The logo of prediction market trading platform Polymarket is seen on a digital screen (illustrative)