Kalshi tiptoes back into canceled flight markets with new JFK airport wager, bets don’t apply to specific flights
In mid-July, Kalshi received approval from regulators to list a new type of event contract that would let anyone wager on flight cancellations. The plan, however, was promptly blasted by social media users who warned that troublemakers could seek to force an airport shutdown in order to make their bet pay off.
Reported by 1 outlet — Fortune. See all sources ↓
In mid-July, Kalshi received approval from regulators to list a new type of event contract that would let anyone wager on flight cancellations. The plan, however, was promptly blasted by social media users who warned that troublemakers could seek to force an airport shutdown in order to make their bet pay off. In response, Kalshi said it was putting the controversial airport contracts on ice. But on Tuesday, the company said it is now going forward—sort of.
Read the full report at Fortune ↗
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- What's the story?
- In mid-July, Kalshi received approval from regulators to list a new type of event contract that would let anyone wager on flight cancellations. The plan, however, was promptly blasted by social media users who warned that troublemakers could seek to force an airport shutdown in order to make their bet pay off.
- How widely is it covered?
- 1 outlet, average source rating 6.0/10.
- When was it last updated?
- 6m ago.
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Kalshi tiptoes back into canceled flight markets with new JFK airport wager, bets don’t apply to specific flights
Sources1TypeCoverageFortune