Polymarket and Kalshi step up anti-fraud efforts ahead of World Cup trading

Kalshi added Solidus Labs to strengthen surveillance as both prediction markets widen event offerings and tighten anti-fraud controls during the World Cup, amid rapid growth and rising compliance scrutiny.

Summary

Polymarket and Kalshi are strengthening anti-fraud and market-surveillance measures during the World Cup period as prediction markets expand trading on real-world events. The Information reported on June 16 that both platforms were stepping up protections as activity grows, while Kalshi separately added Solidus Labs to bolster platform surveillance and compliance. The Information also reported that Kalshi's annualized revenue reached about $1.5 billion in May, underscoring the sector's rapid growth alongside increasing fraud and market-abuse risks.

Terms & Concepts
  • prediction markets: Platforms for trading on event outcomes
  • surveillance: Market monitoring to detect suspicious activity or abuse
  • annualized revenue: Current revenue run rate projected over a year