Minnesota loses first round against Kalshi, Polymarket
Minnesota’s prediction market ban remained blocked on Aug. 2, one day after the law was scheduled to take effect. Summary July 27 injunction keeps Kalshi...
Tag : Kalshi
New York sues Kalshi in sweeping prediction market crackdown
The state is seeking at least $36 billion in damages from the prediction market platform it calls an unlicensed gambling operation, and has filed for...
New York sues Kalshi over alleged illegal gambling operation
New York has sued prediction market platform Kalshi, alleging it operates an illegal, unlicensed gambling business by offering event contracts on sports, elections and other...
New York AG Seeks $36B From Kalshi Over 'Illegal Gambling'
In brief New York State wants Kalshi shut down and stripped of three times its gains, with damages put at a minimum of $36 billion....
Trump teleprompter operator accused over Kalshi bets leaves government: AP
Gabriel Perez, who was accused of profiting from Kalshi bets tied to President Donald Trump’s speeches, is no longer employed by the federal government. A...
Kalshi, Polymarket Score Win as Judge Blocks Minnesota Prediction Market Ban—For Now
In brief A federal judge paused Minnesota’s first-in-the-nation prediction market ban on Monday, days before the felony law was due to take effect. Judge Katherine...
Talos brings institutional trading tools to Kalshi prediction markets
Institutional crypto trading platform Talos has integrated with Kalshi, allowing select clients to trade the prediction market operator’s event contracts and crypto perpetuals through the...
US House weighs sports-contract ban threatening Kalshi and Polymarket
The US House Agriculture Committee has scheduled a hearing on sports prediction markets as two gaming associations press Congress to prohibit sports contracts offered by...
Trump aide sparks insider trading probe with $90K Kalshi profit
A White House teleprompter operator has been placed on paid leave after allegedly earning more than $90,000 from Kalshi bets tied to words President Donald...
Trump teleprompter operator made $100K betting on Kalshi markets tied to speeches: ABC
US President Donald Trump’s longtime teleprompter operator is in talks with federal regulators to settle allegations that he used nonpublic information to profit from bets...