Traders are suing prediction market Kalshi after a controversial contract tied to Iran’s supreme leader sparked a payout dispute, igniting legal questions about how...
Prediction market platforms Kalshi and Polymarket are discussing potential fundraising rounds that could value each company at about $20 billion.If completed at that level,...
Prediction market platforms Kalshi and Polymarket are reportedly exploring new fundraising rounds that could value the companies at around $20 billion each, roughly double...
Kalshi's resolution of prediction markets tied to the death of Iran's Supreme Leader Ali Khamenei has sparked controversy.Kalshi, a CFTC-regulated prediction market platform, is...
Kalshi, one of the leading prediction market firms, said it caught and penalized two users for insider-trading activity on its platform, including an editor...
A new study found that Kalshi’s markets respond more quickly to economic shifts than traditional surveys.Despite endless debates over where gambling ends and predicting...
In brief
Kalshi won a preliminary injunction in Tennessee, but this conflicts with recent rulings in Nevada, Maryland, and Massachusetts, where judges sided with state...
A US federal judge in Tennessee temporarily blocked the state from enforcing its gambling laws against prediction markets operator Kalshi’s sports event contracts. The ruling,...
In brief
The Ninth Circuit has denied Kalshi’s emergency request for an administrative stay
Nevada can now file a civil enforcement action and seek a TRO
Kalshi...