Kalshi to create ‘portal for parents‘ on prediction markets: Report
In recent developments, cEO Tarek Mansour said in an interview that Kalshi would prevent kids from using a parent’s ID to skirt its age restrictions by launching a parent portal…
Federal court blocks Arizona crackdown on Kalshi’s event contracts
In recent developments, a federal judge in Arizona has temporarily barred state officials from enforcing gambling laws against Kalshi, siding with the CFTC. Looking closer, market participants highlight key drivers…
Kalshi Scores Biggest Legal Win Yet in Appeals Court Decision Against New Jersey
In recent developments, a panel of appellate judges ruled that Kalshi’s sports wagers should be regulated by the CFTC, not state gambling regulators. Looking closer, market participants highlight key drivers…
Prediction Market Boom Continues With Polymarket and Kalshi Leading $25.7B Month
In recent developments, by the numbers, prediction markets recorded their second-highest notional volume over a two-year period. Data compiled by Dune Analytics shows that roughly seven platforms tallied $25.7 billion…
US appeals court upholds preventing New Jersey enforcement against Kalshi
In recent developments, as states seek to regulate prediction markets, a panel of federal judges ruled in favor of Kalshi’s position that only the CFTC has jurisdiction. Looking closer, market…
Nevada Court Rules Kalshi Event Contracts Align With Gambling Laws
In recent developments, a Nevada judge has extended a ban on Kalshi, ruling its event contracts are indistinguishable from illegal gambling. Key Takeaways Judge Jason Woodbury issued a preliminary injunction…
Nevada judge extends ban on Kalshi, rejects event contract defense
In recent developments, the judge said Kalshi’s event contracts are indistinguishable from sports betting, supporting the state’s position that the platform requires a gaming license. Looking closer, market participants highlight…
Washington State Targets Kalshi in Illegal Online Betting Lawsuit
In recent developments, washington Attorney General Nick Brown filed a civil lawsuit against prediction market platform KalshiEx LLC this week, alleging the company runs an illegal online gambling operation in…
Kalshi legal woes grow with Washington state gambling suit
In recent developments, the Washington attorney general became the latest state authority to sue Kalshi, alleging on Friday that the prediction markets operator violated state regulations. Looking closer, market participants…
Polymarket, Kalshi Make Moves to Counter Insider Trading as Scrutiny Grows
In recent developments, leading prediction market platforms Polymarket and Kalshi are taking new steps to try and counter insider trading. The development has drawn attention from traders and analysts who…
