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business Al Jazeera 2026-05-04

The Rise of Prediction Markets and Betting on Disasters

Prediction markets like Polymarket and Kalshi are gaining traction, allowing individuals to bet on future events, including potential disasters. This trend raises questions about the ethical boundaries of profiting from or predicting catastrophic outcomes.


With the rise of prediction markets like Polymarket and Kalshi, where is the line for taking a bet on disaster?

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