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.
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.
Trump teleprompter aide made $100,000 betting on what Trump would say, reports say
If only someone could have predicted it.
Kalshi sues Illinois over new tax on prediction market sports bets
Illinois now a key battleground in fight over prediction market sports bets.
Polymarket's viral videos showed people winning big, but the bets were fake
"Winning" bets were made on cloned website and would have lost money, WSJ finds.
Kalshi doubles valuation in 5 months, hitting $22B
Prediction market startup Kalshi has raised a $1 billion Series F round led by Coatue.