Kalshi is turning to a federal appeals court in hopes of stopping Connecticut from enforcing its gambling laws against the company’s sports-event contracts while its legal challenge continues. On Monday…
Today in prediction market news, we’re following another busy day for Kalshi, including its escalating geofencing fight with Nevada regulators, a Connecticut federal court’s rejection of its bid for an…
A federal judge in Connecticut will allow state officials to keep enforcing gambling laws against prediction-market operator Kalshi while the company takes its case to an appeals court. U.S. District…
Kalshi and Nevada’s gaming regulator are accusing each other of wrongdoing as their long-running court fight shifts to whether the prediction market properly blocked trading inside the state. The latest…
Two companies tied to Aristotle’s exchange business are suing Underdog Sports Holdings, CEO Jeremy Levine and several other defendants, months after Underdog unveiled plans to buy Aristotle’s federally regulated exchange…
Baltimore is taking Kalshi and Polymarket to court, alleging the prediction-market companies are effectively running illegal sportsbooks while describing their products as legitimate financial contracts. Mayor Brandon M. Scott and…
A Washington judge has imposed new limits on Kalshi, giving the prediction market operator firm deadlines to stop people in the state from buying contracts linked to sports, elections, politics…
Independent MP Andrew Wilkie has taken the fight over gambling reform to the National Anti-Corruption Commission, asking it to examine whether industry influence improperly shaped federal government policy. Today I…
FlightAware has voluntarily dismissed its federal lawsuit against prediction market operator Kalshi just one day after filing the case, bringing the litigation to an abrupt halt while preserving its ability…
Kalshi can keep operating for now after the Commodity Futures Trading Commission (CFTC) invoked its emergency powers, warning that an effort by New York to restrict the prediction-market exchange could…