US soldier charged in Polymarket trades was blocked from rival platform Kalshi

Tech Insider : Business
A Kalshi advertisement on a bus shelter
Kalshi says its vetting process blocked Gannon Van Dyke from opening an account.

Bloomberg/Getty Images

America's online gambling addiction is driving young people to bankruptcy court

Tech Insider : Economy, Sports, Business
Young men are sitting on the sofa at home and watching a basketball game. Use your smartphone for sports betting.
Online sports betting has surged in popularity.

bluecinema/Getty Images

US soldier accused of using military secrets to win over $400,000 on Polymarket

Tech Insider : Business
polymarket bar

Bloomberg/Getty Images

Kalshi's not having a good time in Ohio

Tech Insider : Sports, Business, Crypto
In this photo illustration, the Kalshi online betting app logo is seen displayed on a smartphone screen.
Kalshi has been fined $5 million in Ohio.

Illustration by Davide Bonaldo/SOPA Images/LightRocket via Getty Images

The 4 biggest differences between Kalshi and Polymarket

Tech Insider : Business, Crypto, Sports
Kalshi and Polymarket logos
The two major prediction market platforms are often mentioned in the same breath. But there are some big differences between Kalshi and Polymarket.

Thomas Fuller/SOPA Images/LightRocket via Getty Images

More young people are filing for bankruptcy, lawyers say. Here's why.

Tech Insider : Economy, Economy, Business
A woman holds our empty pockets.
Two consumer bankruptcy attorneys said they're seeing more young clients.

Catherine Falls Commercial/Getty Images

Arizona files first state criminal charges against Kalshi, accusing it of illegal gambling

Tech Insider : Politics, Business, Sports
Arizona Attorney General Kris Mayes
Arizona Attorney General Kris Mayes said Kalshi is "running an illegal gambling operation and taking bets on Arizona elections, both of which violate Arizona law.

AP Photo/Darryl Webb

Watch out, prediction markets. The 'super apps' are coming.

Tech Insider : Business, Crypto, Sports
man looking at phone

Catherine Falls Commercial/Getty Images

The prediction market bubble is already here

Tech Insider : Economy, Business, Crypto
A football-shaped balloon and a money-shaped balloon floating with a hand holding a needle, almost popping.

Getty Images; Alyssa Powell/BI

Veteran investor Tom Russo says resilience is key to success, and credit-card debt and gambling can hold people back

Tech Insider : Business, Travel
Investor Tom Russo
Investor Tom Russo said he's more concerned about US debt and a weaker dollar than a crash in AI stocks.

Gardner Russo & Quinn

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