Tag: Kalshi
Nevada Resort Association permitted to enter Kalshi’s lawsuit against Nevada regulators
A U.S. District Court judge is allowing the Nevada Resort Association to intervene in a lawsuit filed by a New York-based federal... more
Prediction markets are gaming’s next big shortcut to 50-state access
Prediction markets are creeping into the national spotlight and depending who you ask, they’re either the future of federally regulated... more
With Kalshi, two MIT math nerds crack open gambling on Wall Street
During its short existence, Kalshi has taken a battering ram to the regulatory establishment in its bid to give Americans the inalienable... more
California governor candidate Kyle Langford buys Kalshi election outcome contracts on himself
A California gubernatorial candidate used prediction market platform Kalshi to purchase political outcome contracts on himself. Republican... more
Kalshi’s trading revenue was $15 million over last 90 days
Kalshi made a little over $15 million in trading revenue in the 90 days to 26 May, InGame estimates, suggesting the business – though... more
CFTC’s failure to enforce ‘gaming’ contract ban could still upend Kalshi sports betting lawsuits
By its own admission, Kalshi is offering a sports betting product – across all 50 states. Kalshi has repeatedly advertised its... more
Trump’s pick to head CFTC says he will resign from Kalshi board if confirmed
Brian Quintenz, the crypto lobbyist President Donald Trump nominated to serve as chair of the US Commodity Futures Trading Commission,... more
Court to rule on Resort Association request in sports betting case
The U.S. District Court judge presiding over lawsuits involving whether federal prediction markets are allowable under the state’s sports... more
Arizona regulators hit Kalshi with cease-and-desist order as list grows
Add another cease-and-desist order to the wall for Kalshi, Robinhood, and Crypto.com — entities operating prediction markets nationwide... more
Kalshi boss: Our contracts will be available from 401(k) providers in 2026
Gamblers may be able to use tax-advantaged retirement accounts to buy event contracts – possibly including on sports – via Kalshi... more
