Tag: Kalshi
Kalshi’s latest self-certification may just let users build parlays
Kalshi might have just cleared the way to offer user-created parlays, self-certifying a new type of contract that includes multiple parts... more
Donald Trump Jr., already an advisor to Kalshi, joins Polymarket’s advisory board
Donald Trump Jr. is joining Polymarket’s advisory board, meaning he now has a role in each of the two largest prediction markets by... more
Wisconsin’s Ho-Chunk Nation accuses Kalshi of operating illegal sports betting
The Ho-Chunk Nation on Wednesday sued online financial exchange Kalshi, saying it engages in illegal sports gambling on tribal lands.... more
Kalshi says Nevada’s discovery request asks for ‘utterly irrelevant’ information
Kalshi has argued that Nevada’s effort to require discovery in the two parties’ lawsuit is a distraction, and that the state is asking... more
Kalshi self-certifies to offer football player props, point spreads, over-unders
Kalshi is set to offer markets in three categories for football, unless the Commodity Futures Trading Commission (CFTC) prohibits it from... more
Nevada court filing asks Kalshi to release communications in call for discovery
The state of Nevada has called for Kalshi to offer up all of its communications about event contracts with the Commodity Futures Trading... more
Flutter addresses Nevada expansion and reported talks with Kalshi
Executives said that Flutter Entertainment is keeping its options open for expansion into Nevada under its FanDuel brand, but that nothing... more
Federal district court rules against Kalshi in Maryland sports betting case
U.S. District Judge Adam B. Adelson has denied a motion by prediction market Kalshi that attempted to block the Maryland regulators from... more
OPINION: Contract gambling has become a runaway train
On July 21, the Senate Agriculture Committee’s scheduled vote to confirm Brian Quintenz — a financial manager and former commissioner... more
Robinhood made $10M from Q2 event contracts, most of Kalshi’s volume
Robinhood users traded around $1 billion worth of event contracts on Kalshi markets during the second quarter of the year, the company’s... more
