Polymarket and Kalshi will strengthen anti-fraud measures during the World Cup.

Odaily Planet Daily reports that prediction market platforms Polymarket and Kalshi have announced they will accelerate anti-fraud measures during the World Cup to combat potential fraud groups, while continuing to expand the coverage of tradable events. The report states that the two companies are introducing more real-world events into their prediction markets to increase user engagement and market liquidity. As trading volume continues to grow, related fraudulent activities have also increased. Kalshi's annualized revenue reportedly reached approximately $1.5 billion in May of this year. (The Information)