Tag: Kalshi
Could Kalshi’s Nevada victory collapse due to the Wire Act?
16 April 2025 at 7:53am UTC-4
Reporting in Forbes yesterday raised questions around the legality of online prediction platform Kalshi’s sports prediction markets under the Wire Act.
The law prohibits ...
Kalshi appoints former AGA exec Sara Slane as Head of Corporate Development
9 April 2025 at 6:59am UTC-4
Prediction market Kalshi has appointed estwhile American Gaming Association Senior Vice President of Public Affairs Sara Slane as Head of Corporate Development.
Slane worked at ...
IGA: Tribes and commercial gaming operators must pay attention to illegal operators
3 April 2025 at 8:28am UTC-4
According to Victor Strategies’ Executive Vice President Gene Johnson, the gambling industry is under siege.
During Tuesday’s session “Bringing Down the Hammer on ...
Ohio sends prediction market operators cease-and-desist letters
2 April 2025 at 7:34am UTC-4
The Ohio Casino Control Commission has issued cease-and-desist letters to event contract prediction markets Kalshi, Robinhood and Crypto.com.
Operators need a license from the ...
Massachusetts investigates Robinhood’s March Madness event contracts
25 March 2025 at 7:48am UTC-4
Massachusetts’ top securities regulator has started a probe into Robinhood’s sports predictions markets, including those covering March Madness, according to an exclusive ...
Robinhood launches prediction market in time for March Madness
18 March 2025 at 8:22am UTC-4
Trading platform Robinhood Markets has launched a new prediction markets hub available within the Robinhood app through its derivatives trading subsidiary Robinhood Derivatives ...
Nevada Gaming Control Board issues cease-and-desist to Kalshi
6 March 2025 at 5:57am UTC-5
The Nevada Gaming Control Board has issued a cease-and-desist letter to New York-based financial exchange and prediction market Kalshi.
The regulator noted that Kalshi’s ...
Robinhood rolls back Pro Football Championship Market after regulator steps in
5 February 2025 at 6:57am UTC-5
Trading platform Robinhood has been forced to roll back plans to launch sports contracts following intervention by the Commodity Futures Trading Commission.
Robinhood only ...
Prediction market Kalshi launches event contracts on sports
23 January 2025 at 4:55pm UTC-5
Events contract exchange Kalshi submitted paperwork to the U.S. Commodity Futures Trading Commission to allow sports predictions on major events like the Super Bowl. The first ...
