Federal regulation looms as 11 states go after prediction markets
Kalshi is facing off with state regulators around the US, who claim that prediction markets are a form of gambling and recognize t...
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Kalshi
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Kalshi joins Polymarket in sweeping user bans to head off insider trading
Kalshi and Polymarket have moved to restrict insider trading on the same day lawmakers introduced a bipartisan bill to ban popular...
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Nevada judge temporarily blocks Kalshi from operating in the state
A Nevada state judge has sided with local authorities to ban Kalshi’s sports, election and entertainment event contracts in the st...
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Kalshi Hits $22 Billion Valuation as $1 Billion Capital Injection Defies Regulatory Heat
Kalshi has raised over $1 billion, increasing its valuation to $22 billion in just three months, signaling strong investor confide...
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Kalshi Ordered to Temporarily Stop Operations in Nevada
A State Judge signed a restraining order barring the company from offering some kinds of prediction market contracts in the state,...
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Appeals court denies Kalshi request to block Nevada enforcement action
US gaming lawyer Daniel Wallach says a Nevada state court-issued restraining order against Kalshi appears imminent, preventing it...
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Kalshi CEO fires back against Arizona criminal charges as ‘total overstep’
The prediction markets co-founder said that the company would “abide by court decisions” but signaled that the charges were based...
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Arizona Challenges Kalshi’s Federal Status With Unlicensed Gambling Charges
Arizona prosecutors have filed charges against prediction market operator Kalshi, alleging the company ran an unlicensed gambling...
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Arizona AG files charges against Kalshi over ‘illegal gambling‘
A Kalshi spokesperson said that the criminal case was based on ”paper-thin arguments” and claimed the company was exclusively unde...
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Prediction Markets Anticipate Blue Sweep in Upcoming Congress Midterm Elections
Kalshi and Polymarket anticipate that the Democratic Party will sweep both the House and the Senate in the midterm elections slate...
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Big Bet Takes Action to Block Prediction Markets in Brazil
Betting companies have reportedly asked regulators to pause the operations of prediction market platforms, such as Polymarket and...
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Utah set to block prediction markets as state-federal tensions rise
CFTC Chair Michael Selig has said that the agency has authority over prediction markets like Kalshi and Polymarket and warned it w...
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Kalshi preemptively sues Iowa, claiming risk of enforcement action
Kalshi claims in a preemptive lawsuit that there is “a substantial risk” that Iowa will take action against it after a meeting it...
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Prime brokers push Wall Street access to prediction markets: Report
Clear Street and Marex Group are planning to offer prediction markets to clients, with Kalshi’s CEO tipping it to become a “core p...
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Middle East Conflict Shakes Prediction Markets as Rubio and Newsom Gain in 2028 Election Odds
Prediction markets tracking U.S. politics are heating up as traders wager millions on the 2026 midterms and the 2028 presidential...
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Kalshi suffers court loss in Ohio over sports betting lawsuit
The prediction markets platform argued for an injunction against Ohio authorities, claiming that federal commodities laws supersed...
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Kalshi Partners With XP to Launch Prediction Markets in Brazil
Customers of Clear, a brand of the XP Group, who hold an international investment account, will be able to participate in regulate...
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Report: Prediction Markets Polymarket and Kalshi Eye $20B Valuations as Investor Interest Builds
According to a recent report, the two heavyweight prediction markets, Polymarket and Kalshi, are said to be chatting with prospect...
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