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Kalshi now controls 89% of the U.S. prediction market as regulated trading takes over

Kalshi now controls 89% of the U.S. prediction market as regulated trading takes over

2026-04-10

As Kalshi captures a dominant 89% of the market, a high-stakes legal battle between federal regulators and individual states will determine if these platforms are treated as sophisticated financial tools or just another form of gambling.

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