Tag: Kalshi
Tribes are free to offer event contracts, says CFTC nominee at Senate hearing
President Donald Trump’s pick to lead the Commodity Futures Trading Commission (CFTC) Brian Quintenz Tuesday began the confirmation... more
Why Nevada gaming regulators are on the warpath against sports prediction platform Kalshi
Nevada sportsbook operators were smiling Thursday evening during much of the opening game of the NBA Finals between the Oklahoma City... more
Musk’s X teams up with Polymarket after apparent Kalshi snub
Elon Musk’s social media site X has named Polymarket as its “official prediction market partner” less than three weeks after Kalshi... more
Arizona gaming director criticizes Commodity Futures Trading Commission
Director of the Arizona Department of Gaming Jackie Johnson has criticized the Commodity Futures Trading Commission for its handling of... more
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
