Court rules Kalshi sports bets aren't "swaps," just gambling with a different name
Kalshi can't evade Nevada gambling laws by calling bets "swaps," judges rule.
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State judge orders Kalshi to stop offering sports bets and other wagers
Kalshi ordered to stop offering bets in Washington, must implement geofencing.
US tries to override New York gambling laws, orders Kalshi to keep operating
Trump admin claims New York suing Kalshi created "market emergency."
FlightAware sues Kalshi over flight cancellation prediction markets
FlightAware says that Kalshi used its name and data to offer bets on flight cancellations without the flight tracker's permission.
Judge blocks first state law that would have banned prediction markets
Judge may allow Minnesota to ban some types of bets, but not all of them.
Kalshi demands Netflix take down trailer for ‘Prediction Games’ documentary
Kalshi claims the trailer is “defamatory” and contains “both fabricated documents and false and misleading statements.”
Trump teleprompter aide made $100,000 betting on what Trump would say, reports say
If only someone could have predicted it.
Judge rejects Kalshi attempt to override New York state gambling laws
Kalshi tried to ignore gambling laws on its prediction market, NY governor says.
Kalshi sues Illinois over new tax on prediction market sports bets
Illinois now a key battleground in fight over prediction market sports bets.
Mark Zuckerberg wants Meta to launch its own prediction market
The app would be independent of Meta's other social media offerings, although sources told the NYT that those social sites could direct users to eng…
The US is betting on AI to catch insider trading in prediction markets
The Commodity Futures Trading Commission wants us to know it's taking this very seriously.
Kalshi doubles valuation in 5 months, hitting $22B
Prediction market startup Kalshi has raised a $1 billion Series F round led by Coatue.