Episode 24: Should Betting On Flight Cancellations Be Grounded?

Unfortunately, we recorded the podcast before all hell broke loose with the Trump teleprompter operator story. But we did talk about betting on flight cancellations, which Kalshi apparently decided to pause sometime after we recorded the podcast.But it’s still a good chat between me and Daniel O’Boyle of InGame on all the news of the week in prediction markets. I guess that will teach us to record on Fridays instead of Thursday from now on. Maybe.Here was my original piece on Kalshi’s potential markets on flight cancellations:Seinfeld Episode Or Prediction Market?And here’s the update from Fortune: “Prediction market platform Kalshi has called off plans for its latest offering: Contracts that would let users wager on upcoming flight cancellations. The decision comes after social media users expressed fears that bad actors could make mischief at airports in order to collect a payout, and after popular airline-tracking service FlightAware said Kalshi could not use its data to resolve the contracts.”And more from Adjacent Press: https://press.adj.news/p/the-airportdelay-certificationMore on Kalshi volume:https://www.ingame.com/kalshi-2-billion-volume/https://nexteventhorizon.substack.com/p/kalshi-is-crushing-everyone-in-app-downloadsRobinhood/Rothera volume: https://www.ingame.com/robinhood-rothera-volume-kalshi/What the hell is going on in Michigan? https://www.ingame.com/cftc-blocks-kalshi-voids/Congressional happeningsHearing https://nexteventhorizon.substack.com/p/news-congress-to-hold-predictionKalshi CEO on the Hill for new bill https://gottheimer.house.gov/posts/release-to-protect-children-gottheimer-introduces-new-bipartisan-bill-requiring-facial-recognition-age-verification-for-online-sportsbooks This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit nexteventhorizon.substack.com