Kalshi Faces Multi-State Lawsuits as Prediction Markets Labeled ‘Disguised Gambl...
TLDR: Washington state sued Kalshi on Friday, alleging its prediction market products violate state online gambling laws. Nevada s...
Kalshi Partners with ARK Invest to Meet Rising Institutional Demand for Predicti...
TLDR: Kalshi launches a formal market request pipeline to meet growing institutional investor demand. ARK Invest partners with Kal...
Kalshi to Block Athletes and Politicians from Trading on Prediction Markets
TLDR: Kalshi partners with IC360 to screen and block athletes and coaches at registration before any trades are placed. Polymarket...
Arizona Charges Kalshi With 20 Criminal Counts for Illegal Gambling and Election...
TLDR: Arizona AG Kris Mayes filed 20 criminal counts against Kalshi for running an unlicensed wagering business. Four counts speci...
Arizona Files Criminal Charges Against Kalshi Platform
TLDR Arizona Attorney General Kris Mayes filed 20 criminal charges against Kalshi for alleged illegal wagering activities in the s...
Arizona Attorney General files criminal charges against prediction market Kalshi
Kris Mayes filed 20 criminal counts against the prediction market operator, escalating a multi-state legal clash over sports and e...
Polymarket Bettors Threaten Reporter Over Missile Story
TLDR Reporter Emanuel Fabian received death threats after a missile report. Threats linked to a $14 million Polymarket prediction...
CFTC Starts Rulemaking Process for Prediction Markets
TLDR The CFTC issued a staff advisory and launched a formal rulemaking process for prediction market platforms. Chairman Mike Seli...
Prediction markets get tailored U.S. guidance from former foe CFTC
The agency that once fought the events contracts platforms in court has now issued a new policy stance and is proposing permanent...
The DEATH BETS Act: Why Lawmakers Are Moving to Shut Down America’s Fastest-Grow...
TLDR: THE DEATH BETS Act seeks to ban prediction contracts tied to war, terrorism, assassination, or individual death. Lawmakers c...