Squawk Pod Kalshi CEO on Super Bowl Wins & NYC Housing Affordability 2/10/26
Feb 10, 2026
Tarek Mansour, CEO of Kalshi, a regulated U.S. prediction markets founder, and Scott Rechler, RXR CEO and New York Fed board member, discuss big Super Bowl trading volumes and how prediction markets handle surveillance and insider risks. They also cover NYC office leasing, housing affordability, supply solutions, and recent shifts in local politics and policy.
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Product, Not Ads, Drove Super Bowl Surge
- Kalshi became one of the top Super Bowl apps by offering live stats, trades, and social features in one place.
- Tarek Mansour says product integration drove viral adoption without a Super Bowl ad.
Regulated Exchange Model Matters
- Kalshi is federally regulated by the CFTC and differentiates from offshore crypto competitors.
- Mansour emphasizes the exchange model where the company wins only when customers win.
Bad Bunny Market Fueled Weekend Volume
- Bad Bunny's first-song market exceeded $100 million in trading during the Super Bowl weekend.
- Mansour cites cultural markets as a major driver of volume and engagement.