9:31 p.m. ET: NBC News projects Mamdani has won the New York City Mayoral Election.
Kalshi has Mamdani at greater than 99 percent chance, with over $119M traded.
9:23 p.m. ET: As early votes get tallied, Mamdani's chances at winning the NYC Mayoral Election rise even more, as he has a 98 percent chance to win, per Kalshi.
Trading volume sits at well over $118M.
1:55 p.m. ET: According to the New York Times, as of noon, approximately 1.2 million people have submitted ballots. This includes early voters. Zohran Mamdani now has a 93 percent chance to win, per Kalshi.
7:04 a.m. ET: While there are no early poll numbers just yet, Zohran Mamdani has an 89 percent chance to win, per Kalshi. That is down about three percent from yesterday.
One of the most anticipated races is, of course, in NYC, as Democratic candidate Zohran Mamdani, Independent candidate Andrew Cuomo, and Republican candidate Curtis Sliwa are running for the 2025 NYC Mayoral Election.
Another highly anticipated race is in neighboring New Jersey, where Democratic candidate Mikie Sherrill and Republican Jack Ciattarelli are vying for NJ's Gubernatorial seat.
Here are the latest Kalshi NYC Mayor election odds (updated every hour) 👇
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