In a detailed report by the New York Times, sources have outlined the competitive tactics employed by Kalshi and Polymarket. Both companies are actively working to undermine each other in various ways.
One of the primary strategies involves lobbying regulators to shape the market environment in their favor. This includes attempts to influence regulatory decisions that could impact their operations.
Additionally, both firms are reportedly trying to derail each other's business deals, showcasing the intensity of their rivalry. Influence campaigns are also part of their tactics, aimed at swaying public and regulatory opinion.