Kalshi has blocked Betr COO Alex Ursa from the platform after he built a slot-like interface using its API.
With Kalshi expanding into sports markets, the move towards casino-style gaming could be the next step for prediction markets. Betr, in partnership with Polymarket, is at the forefront of companies looking to extend beyond sports into iGaming. This action comes as Ursa, the Betr COO, faces consequences for his innovative approach.
Global prediction market platform ADI Predictstreet and sportsbook technology provider FIRST.bet have partnered to expand regulated prediction markets across Latin America.
The Inter-Tribal Council of the Five Civilized Tribes (ITC) has adopted a resolution calling on Congress and federal regulators to protect tribal sovereignty from prediction markets such as Kalshi and Polymarket.
The New York Lottery unveiled yet another scratch-off winner, this time from Cheektowaga.
The Commodity Futures Trading Commission (CFTC) is investigating after Kalshi personnel admitted that President Donald Trump’s teleprompter operator won around $100,000 trading on Kalshi on what Trump’s speeches would include.
