Tag: Kalshi
Gaming attorney encourages states and tribes to work together to stop prediction markets
A gaming attorney told tribal leaders Wednesday that it’s important for Indian Country and state attorneys general to team up and oppose... more
Nevada Gaming Control Board: The prediction market “gig is up”
A member of the Nevada Gaming Control Board Wednesday said that prediction market operators will lose out in the end in their bid to take... more
Wall Street Bets: Prediction markets, Las Vegas Strip, Light & Wonder, Caesars
Prediction markets analyzed J. P. Morgan’s Daniel Politzer wrote on September 15 that his firm is “increasingly mixed on the risk/reward... 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
Tribal leaders talk California’s move against DFS and sweepstakes operators
As the California Senate advanced a measure this week to curtail online sweepstakes operators and Attorney General Rob Bonta issued an... more
Kalshi given time to address Nevada cease-and-desist on offering sports, elections contracts
Just ahead of its deadline, the Nevada Gaming Control Board late Friday gave Kalshi, an American financial exchange and prediction market... more
No decision made by federal appeals court in U.S. elections betting case
WASHINGTON (AP) — Betting on U.S. elections remains on hold after a federal appeals court did not issue a decision Thursday in a case... more
Money rolls in on U.S. Congressional election bets after judge clears the way; CFTC pledges challenge
ATLANTIC CITY, N.J. (AP) — People began betting Thursday on which political party would win control of Congress in the November elections... more
