Kalshi betting surges more than 2,000% as gambling safeguards face scrutiny

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  • Kalshi expanded prediction-market betting as counselors reported clients moving from sportsbooks to its platform.
  • Nearly $60 billion was wagered on Kalshi last month, versus $2.8 billion last September.
  • Pennsylvania’s state self-exclusion program does not automatically cover prediction-market sites such as Kalshi.
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