Tag: Kalshi

Wisconsin sues prediction markets over alleged illegal sports betting

24 April 2026 at 6:19am UTC-4
Wisconsin’s Department of Justice has filed three lawsuits against several prediction platforms, claiming they are enabling illegal sports betting. The legal action is being ...

Kalshi overtakes Polymarket in global trading volume

23 April 2026 at 7:07am UTC-4
Polymarket has fallen behind its main rival Kalshi in terms of global trading volume, according to recent reporting. Data compiled by Dune Analytics indicates that Kalshi ...
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Massachusetts regulator says prediction markets target young people

20 April 2026 at 8:19am UTC-4
Massachusetts Gaming Commission Chair Jordan Maynard has voiced concerns that prediction markets are targeting people younger than 21. Maynard said that prediction market ...

Billionaire investor John Arnold says sports prediction markets harm men

20 April 2026 at 7:47am UTC-4
Philanthropist and former energy trader John Arnold warned that prediction markets and online sports betting platforms can cause harm to young men and boys, calling for federal ...

Ninth Circuit panel looks to side with Nevada over Kalshi

17 April 2026 at 7:08am UTC-4
A panel of judges on the Ninth Circuit Court of Appeals in San Francisco has appeared to side with Nevada regulators during arguments in an ongoing legal dispute involving ...

Ohio fines Kalshi US$5 million for unlicensed sports betting

16 April 2026 at 6:18am UTC-4
Ohio gambling regulators have handed down a US$5 million fine to prediction market Kalshi, accusing the company of running an unlicensed sports betting platform in the state ...
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Montana sued by Kalshi for attempting to regulate event contracts

15 April 2026 at 6:53am UTC-4
Prediction market Kalshi has filed a lawsuit in a Montana federal court, attempting to block state officials from enforcing state-level gambling regulations against its event ...

Federal judge grants Kalshi a temporary win in Arizona

14 April 2026 at 7:14am UTC-4
A federal judge has temporarily blocked Arizona’s attempt to pursue criminal charges against prediction market Kalshi. US District Judge Michael Liburdi issued the temporary ...

Minnesota Senate advances prediction market ban

10 April 2026 at 7:23am UTC-4
A bill that would ban prediction markets in Minnesota moved forward this week after passing the Minnesota Senate State and Local Government Committee stage. Supporters of the ...

Bank of America projects US$1.1 trillion US sports-related event contracts market

10 April 2026 at 7:01am UTC-4
Bank of America has projected that the US market for sports-related event contracts could reach approximately US$1.1 trillion in annual volume, highlighting the growth of ...