Getting the future right is now big business. But at a festival in Berkeley, forecasters worry that sports markets could take the whole industry down.
On June 11, Kalshi released a buzzy ad featuring noted New York Knicks fan Timothée Chalamet. It was a zeitgeist-capturing moment for prediction markets, akin to the 2022 Super Bowl, when seemingly every commercial featured a celebrity shilling crypt… [8078 chars]
Source: WIRED | Published: 2026-06-19T09:30:00Z
Credit: WIRED
