Kalshi Faces $36 Billion Lawsuit from New York AG James
Ohio regulators announced a $5 million fine for Kalshi in April for operating without a license. New York AG James now seeks $36 billion from Kalshi, alleging illegal gambling activities.
Kalshi
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Dodgers Favored to Repeat as World Series Champions on Kalshi
The Los Angeles Dodgers are favored to repeat as World Series champions based on the odds at Kalshi.
New York AG Targets Kalshi Over Alleged Lack of Necessary Permit
New York AG Letitia James files a lawsuit against Kalshi for operating without a required permit from the New York State Gaming Commission.
New York Sues Kalshi for $36B, CFTC Defends Company With Restraining
New York's Governor and Attorney General have filed a lawsuit against Kalshi, seeking $36 billion in damages.
Kalshi Faces Uncertainty Following Sixth Circuit Court Oral Arguments
A panel of judges in the U.S. Court of Appeals for the Sixth Circuit heard oral arguments from representatives of Kalshi and the states of Ohio and Tennessee.
Kalshi Resolves Market on Brad Pitt's World Cup Final Attendance
Kalshi has finally settled its market on Brad Pitt attending the World Cup final. Yet many are not happy.
Notre Dame Leads 2027 College Football National Championship Odds
Notre Dame is Kalshi’s betting favorite to win the 2027 College Football National Championship. As of publication, the Fighting Irish are a +733 favorite with an implied probability of 13%.
Key Takeaways from Minnesota Prediction Markets Injunction
Friday’s preliminary injunction barring Minnesota from implementing its unique law banning all prediction markets chalks another tally for Kalshi, Polymarket and the Commodity Futures Trading Commission (CFTC) on the ever-expanding U.S. court scoreboard.
Prediction Markets Legal Setbacks in New York & Wisconsin
Prediction markets suffered legal setbacks in New York and Wisconsin this week as judges ruled against the CFTC and Kalshi.
Kalshi Ends Operations in Nevada After Compliance Issues
Kalshi agreed to fully shut down its operations in Nevada after admitting that people in the state were still able to access its event contracts despite a court order to geoblock the state.
Kalshi Threatens Legal Action Against Netflix
On July 26, Netflix released a new documentary on prediction markets exploring the fast-growing world of prediction markets.
Robinhood in Talks with Crypto.com for Prediction Markets Integration
Robinhood Markets is reportedly in discussions with Crypto.com to bring the digital currency exchange's prediction markets business onto Robinhood's platform.