Are Polymarket, Kalshi illegal gambling sites or legitimate financial trading platforms? – opinion

Apr 12, 2026 5:30 pm | JPost BizTech, Technology

The logo of prediction market trading platform Polymarket is seen on a digital screen (illustrative) (photo credit: SHUTTERSTOCK)
Are the activities carried out by Polymarket and Kalshi in fact illegal gambling, or do they constitute legitimate financial trading activity?
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