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Kalshi, Polymarket Diverge on Handling of Iran War Predictions | Bloomberg Businessweek
Posted
March 5, 2026
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March 5, 2026
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5:33
9:33Now PlayingA few weeks ago, traders on the two major prediction market platforms, Kalshi and Polymarket, were furiously debating whether Cardi B’s dancing onstage at the Super Bowl constituted a “performance.” Now the sites’ traders—and some outside observers—are up in arms over the markets that allowed users to bet on Iran’s future. Another day, another moral, legal and philosophical minefield for these businesses.
Chris Beam, Bloomberg Businessweek Contributor writes how the Iran-related controversies generated by Kalshi and Polymarket say a lot about how the two companies are positioning themselves in the sector, as well as in the debates over what role prediction markets should play in our society. Chris speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.
Sebastian Escobar
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Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.
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