Kalshi COO claims prediction markets can outperform polls amid legal challenges
Luana Lopes Lara, COO of Kalshi, asserts that prediction markets provide more truthful insights than traditional polls. The platform, valued at $22 billion after rapid growth, is currently facing a lawsuit from New York’s attorney general seeking $36 billion. Lara emphasizes Kalshi’s distinction from sportsbooks despite most trading volume being sports-related and discusses what their data indicates about recent midterm elections.