adminCasino Lobby Fueled NY Lawsuit Against Kalshi, CEO Mansour Claims
In recent developments, tarek Mansour, CEO of Kalshi, stressed that the legal actions the state of New York has taken against his platform are being pushed by the gambling industry…
New York asks judge to force Kalshi to hand over the names, wagers, and losse…
In recent developments, new York has asked a Manhattan state court to permanently block prediction-market exchange Kalshi from offering what the state calls unlicensed sports wagering to New Yorkers, escalating…
NY Sues Kalshi, Demanding $100K Fine Per Illegal Bet
In recent developments, the lawsuit alleges that Kalshi acted as an unlicensed gambling operator, stressing that prediction markets meet the legal definition of gambling as the outcomes of event contracts…
Trump teleprompter operator accused over Kalshi bets leaves government: AP
In recent developments, gabriel Perez, who was accused of profiting from Kalshi bets tied to President Donald Trump’s speeches, is no longer employed by the federal government. Looking closer, market…
Kalshi Was Warned of Spotify Manipulation Before Settling $3.3M Market
In recent developments, a prominent Kalshi trader says he asked the exchange to delay a $3.3 million Spotify-market settlement while its enforcement team examined signs of artificial streaming. Kalshi paid…
Larry Fink Comes out as Bullish, CFTC Intervenes With Kalshi, and More – We…
In recent developments, this week’s crypto storylines mixed balance-sheet stress, regulation, venture hindsight, geopolitics, and macro sentiment. Michael Saylor built a $3 billion cash buffer around Strategy’s bitcoin stack, the…
Kalshi says CFTC, Michigan orders leave it in ‘impossible position’
In recent developments, “We are disappointed by this decision and believe it is unfair to Kalshi,” the company’s legal counsel said on X. The development has drawn attention from traders…
OpenAI quietly adds Kalshi World Cup odds to ChatGPT: Report
In recent developments, openAI’s ChatGPT now displays Kalshi’s World Cup prediction market odds in search results, marking the AI firm’s first reported deal with a prediction market platform. Looking closer,…
Kalshi Takes Tribal Sovereignty Fight to Ninth Circuit Over Sports Markets
In recent developments, three California tribes have asked the Ninth Circuit to revive their bid to block Kalshi’s sports event contracts on tribal lands. The appeal opens a new front…
Kalshi files same-day appeal of NY court’s rejection of bid to block state ga…
In recent developments, kalshi appealed to the Second Circuit after a New York federal judge denied its request to block state gambling officials from enforcing local laws against its sports…