Tag: Kalshi
Criticism, compliments — Kalshi’s co-founder Mansour embraces it all
Growing up in Lebanon, Tarek Mansour said he was a tech dummy. He didn’t know what Google, which is only two years younger than the... more
Kalshi eyes expansion in China and India
US-regulated prediction market Kalshi has revealed that China and India are among the list of nations it hopes to target. According to... more
Kalshi expands to 140 countries, announces funding, $5 billion valuation
Kalshi, a prediction market based and previously only doing business in the United States, on Friday morning announced that it had expanded... more
Kalshi adds more NFL player props
Kalshi continues to add new sportsbook-style sports event contracts, posting several over/under markets ahead of the Thursday night NFL... more
Nevada Gaming Control Board: The prediction market “gig is up”
A member of the Nevada Gaming Control Board Wednesday said that prediction market operators will lose out in the end in their bid to take... more
Kalshi sues Ohio gambling regulators, attorney general’s office
An online betting platform is suing the Ohio Casino Control Commission and the state Attorney General’s office, saying the state has... more
Kalshi rolls out same-game parlays, DraftKings and FanDuel shares plunge
Kalshi’s new same-game parlays may have brought in less than $2,000 in fees for the prediction market on their first day of trading, but... more
Kalshi says it ‘conducts no business whatsoever on Indian lands’ in court filing
Kalshi revived an old-school argument that was popular with offshore gaming sites in the 1990s and early 2000s, as the prediction market... more
Massachusetts: Robinhood sues Gaming Commission in response to Kalshi lawsuit
Trading platform Robinhood has filed a lawsuit against the Massachusetts Gaming Commission over the potential enforcement of state gambling... more
Wall Street Bets: Prediction markets, Las Vegas Strip, Light & Wonder, Caesars
Prediction markets analyzed J. P. Morgan’s Daniel Politzer wrote on September 15 that his firm is “increasingly mixed on the... more