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...
Washington sues Kalshi as states ramp up legal pressure against prediction marke...
The Washington state attorney general alleged Kalshi offers "gambling products" products dressed up as prediction markets in a law...
Kalshi secures license to offer margin trading to institutional investors
Margin feature is a departure from traditional prediction markets, which typically require fully collateralized positions, and com...
NYSE owner doubles down on Polymarket with fresh $600 million investment
The parent company of the New York Stock Exchange is cementing its bet on the future of prediction markets, bringing its total com...
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...
Retail traders fare worse on prediction markets than sportsbooks
A new report from Citizens JMP says median losses are deeper on prediction platforms as retail traders face sharper, better-capita...
BitGo, Susquehanna Crypto offering institutional OTC access to prediction market...
New partnership lets hedge funds and other large investors trade event contracts using crypto collateral held on BitGo’s platform.
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...
Prediction market boom spurs new VC fund backed by Polymarket, Kalshi CEOs
The fund, called 5c(c) Capital, is aiming to raise $35 million to fund startups tied to the rapid growth of event-based trading ma...
If one trader can force the outcome of a prediction market, it shouldn’t be trad...
By hosting manipulable contracts, prediction markets swap their long-term credibility for short-term engagement.