Kalshi is a smaller company than many expect. Most of its 200 employees work in an open-plan office in Manhattan’s meatpacking district. They don’t even take up a full floor of the building.
But Kalshi and other prediction market operators like Polymarket seem ubiquitous these days.
They are major sponsors of sporting events. Media outlets incorporate their data into coverage about politics, financial markets and more. The sites allow users to wager on the likelihood of all manner of events: the final score of a soccer match, the outcome of clinical drug trials and what words President Trump will say in a speech.
