New Mexico files lawsuit against Kalshi
New Mexico Attorney General Raúl Torrez filed a lawsuit against Kalshi and KalshiEX, alleging the prediction platform unlawfully offers online sports betting in the state.
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Kalshi
Latest iGaming and regulatory news tagged Kalshi.
What is Kalshi’s New ‘Bloomberg Terminal’ & Who Gets to Use It?
Kalshi is piloting a new interface for highly engaged traders, allowing management of multiple positions in event contracts. The product, described as Kalshi's answer to the Bloomberg Terminal, is reportedly being tested with select users.
Spanish La Liga Soccer Club Owners Allegedly Wagered Over $1M Against Team at Kalshi
Owners of a Spanish La Liga soccer club allegedly placed a $1 million bet against their own team on Kalshi, winning after a 1-0 victory. The wager was made through Game Point Capital, as reported by Semafor.
New Mexico Sues Kalshi, Says It ‘Looks and Quacks Like a Sportsbook’
New Mexico's Department of Justice has filed a lawsuit against prediction market operator Kalshi, alleging it operates as an unlicensed sportsbook. The state claims Kalshi's sports event contracts violate state gambling laws. This follows a separate federal challenge…
Polymarket Follows Kalshi, CFTC With Lawsuit Against Minnesota
Polymarket has filed a lawsuit against Minnesota in federal court, challenging the state's ban on prediction markets. The operator joins the CFTC and Kalshi as plaintiffs in the case, arguing the law is unconstitutional.
Nevada Secures Preliminary Injunction Against Polymarket
Nevada obtained a preliminary injunction against Polymarket, marking the state's latest legal win against prediction market operators. The Nevada Gaming Control Board announced the court ruling, which follows similar actions against Kalshi, Coinbase, Robinhood, and Crypto.com.