Tag: Kalshi
Michigan sues Kalshi, alleges app is skirting state’s gambling laws
Michigan Attorney General Dana Nessel has sued the parent company of Kalshi, the so-called prediction market platform that allows users to... more
MrBeast’s company fired a video editor after Kalshi accused the employee of insider trading
NEW YORK (AP) — Beast Industries fired a MrBeast video editor this week following accusations of insider trading by the prediction market... more
Nevada: Kalshi and Polymarket cases sent down to state court, but both file for appeals
A federal judge Monday sent Kalshi and Polymarket’s lawsuits against Nevada Gaming Control Board (NGCB) back down to a state court, but... more
Kalshi lobbying in New York as state lawmakers seek to regulate event contracts
Kalshi has increased its lobbying efforts in the state of New York as lawmakers advance proposals to regulate the fast-growing prediction... more
Kalshi licenses election data from the Associated Press
Kalshi, one of the world’s largest prediction market companies, struck a deal with the Associated Press to license its elections data... more
Kalshi files pre-emptive lawsuit against Utah officials
Prediction market Kalshi has taken legal action against state officials in Utah, filing a federal lawsuit to block what it says are... more
Kalshi removes affiliate badges from X as platform cracks down on gambling-related advertising
Prediction market Kalshi has removed promotional markers from social media platform X after a policy shift tightened oversight of... more
Polymarket lawyer says ‘We are the regulator’ in hearing on Nevada enforcement
A lawyer for Polymarket argued that the platform is “a regulator,” while Kalshi’s lawyer argued that Nevada gambling laws already... more
Kalshi prediction market data earns vote of confidence in Federal Reserve paper
Researchers hailed Kalshi’s prediction market data in a new Federal Reserve paper, delivering a significant vote of confidence in the... more
Nevada: Appeals Court rules in favor of state in prediction market dispute
The U.S. Supreme Court could be the next stop in the continuing legal battle between Nevada gaming regulators and New York-based prediction... more
