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Story summary
- Kalshi, the prediction market platform, will give New Yorkers free groceries worth up to $50 at Westside Market on February 3 to help residents amid rising grocery costs.
- Kalshi CEO Tarek Mansour said, "We believe in free markets."
- The promotion has drawn criticism as a predatory tactic similar to casino promotions targeting vulnerable populations.
- Despite its multibillion-dollar valuation, Kalshi faces U.S. legal scrutiny over its business model.
