Tag: Kalshi

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Appeals court clears way for Nevada to temporarily ban prediction market Kalshi

Prediction market provider Kalshi may be hit with a temporary restraining order from the state of Nevada after a federal appeals court declined to...

Kalshi CEO Fires Back against Arizona Criminal Charges as ‘Total Overstep‘

The prediction markets co-founder said that the company would “abide by court decisions“ but signaled that the charges were based partly on political bias...

Kalshi co-founder fights back against Arizona’s ‘overstep’ in what a lawyer calls a federal-state turf war

Kalshi co-founder Tarek Mansour has called Arizona’s criminal case against the company a “total overstep,” casting the move as an attack on a federally...

Arizona AG Files Charges against Kalshi over ‘Illegal Gambling‘

Arizona Attorney General Kris Mayes announced that her office filed gambling and related criminal charges against the companies behind prediction markets platform Kalshi.In a...

Arizona Files Charges Against Kalshi, Calling Prediction Market an ‘Illegal Gambling Operation’

In brief Arizona Attorney General Kris Mayes filed criminal charges against Kalshi, alleging the platform is an "illegal gambling operation." The 20 criminal counts include...

Kalshi faces criminal charges in Arizona over sports and election contracts

Arizona Attorney General Kris Mayes filed criminal charges against Kalshi Tuesday, charging the prediction markets platform with operating an unlicensed gambling business and offering...

Kalshi Preemptively Sues Iowa to Defend Sports Contracts

Prediction market Kalshi has sued regulators in the US state of Iowa, claiming it did so as there was a risk of an impending...

Utah Set to Block Prediction Markets Like Kalshi and Polymarket

The US state of Utah is set to block prediction market platforms such as Kalshi and Polymarket, escalating a growing dispute between state regulators...

Kalshi Suffers Court Loss in Ohio over Sports Betting Lawsuit

The prediction markets platform argued for an injunction against Ohio authorities, claiming that federal commodities laws superseded state laws on sport event contracts.<!-- would...

Kalshi Partners With XP to Launch Prediction Markets in Brazil

Customers of Clear, a brand of the XP Group, who hold an international investment account, will be able to participate in regulated prediction markets....

Report: Prediction Markets Polymarket and Kalshi Eye $20B Valuations as Investor Interest Builds

According to a recent report, the two heavyweight prediction markets, Polymarket and Kalshi, are said to be chatting with prospective backers about fresh fundraising...

Kalshi Sued Over Refusing to Pay Out Prediction Market After Iran Leader’s Death

In brief Kalshi is facing a lawsuit in California over its resolution of a market related to the former Iranian leader. The prediction market opted to...