On a sunny weekend in Washington this year, politicos of all stripes flocked to a pop-up bar called “The Situation Room” where large TV screens tracked live odds for a US-Iran ceasefire and who would win the 2028 US presidential nominations.
The temporary venue was part of a publicity stunt by prediction market provider Polymarket, which, along with Kalshi, spearheads a multibillion-dollar industry that allows people to bet on everything from trial verdicts to the weather.
Gift articles to anyone you choose each month when you subscribe.
