Tag: Kalshi
Kalshi’s Nevada court win may be short-lived due to Federal Wire Act
Congress isn’t shy when it comes to setting a clear federal policy on the divisive subject of sports gambling. In every instance, it has... more
Kalshi stays live with sports markets in Nevada after winning injunction
U.S. District Court Judge Anthony Gordon provided a detailed ruling that expanded on his decision Tuesday night to grant Kalshi’s motion... more
Ex-AGA exec Slane joins betting disruptor Kalshi
The woman who helped build bridges between legal sportsbooks and the U.S. sports establishment will take a crack at doing the same for... more
Defying state regulators, Kalshi ‘won’t stop’ offering event contracts
A controversial prediction market platform founder declared his company answers to the Commodity Futures Trading Commission (CFTC) only.... more
Illinois, Ohio the latest to send cease-and-desist letters to Kalshi, Robinhood, and Crypto.com
The Illinois Gaming Board has now joined the growing number of gaming regulatory agencies that have sent cease-and-desist letters to... more
Connecticut sports betting regulators investigating Kalshi as contract conflict grows
The gaming division of the Connecticut Department of Consumer Protection has opened an investigation into Kalshi, adding to the list of... more
Kalshi sues Nevada Gaming Control Board
The New York company that offers “event-based contracts” that look like sports bets has sued Nevada gaming regulators for threatening... more
New Jersey regulator issues cease-and-desists to Kalshi and Robinhood: report
The growing conflict between states with regulated sports betting and the trading platforms offering prediction markets on sporting events... more
Kalshi users create $249M in contracts for first two rounds of NCAA tournament
Kalshi’s sports betting prediction market has proven to be a huge hit as it is currently reporting $249 million worth of contracts... more
Robinhood, partnering with Kalshi, relaunches sports event markets for March Madness
Robinhood returned to the sports betting prediction markets scene Monday, again partnering with Kalshi to offer exchanges for the upcoming... more