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41 Prediction Market 'Kalshi' Sued for Not Paying $54 Million for Bets on Khamenei's Death

Slashdot
EditorDavid @ Slashdot 2 place · today 10:34 EDT

Prediction Market 'Kalshi' Sued for Not Paying $54 Million for Bets on Khamenei's Death

An anonymous reader shared this report from the Independent:


A popular predictions market app will not pay out the $54 million some of its users believed they were owed after correctly forecasting the death of Ayatollah Ali Khamenei, according to a report.

Kalshi, which allows players to gamble on real-world events, offered customers favorable odds on Khamenei, 86, being "out as Supreme Leader" in response to the announcement of joint U.S.-Israeli airstrikes on Tehran in the early hours of Saturday morn

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