Latest iGaming and regulatory news tagged Kalshi.
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This week's edition of Bingos & Busts from Gambling Insider covers a range of topics including North Carolina's impact on bettors, a surge in World Cup trading activity, and financial gains for prediction market platform Kalshi. The column,…
A group of 17 Democratic Party Senators, led by Richard Blumenthal, has petitioned a Senate subcommittee to prohibit the Commodity Futures Trading Commission (CFTC) from using federal funds to pursue legal actions against states in cases involving prediction…
The prediction market sector in the United States experienced another eventful week, marked by expanding litigation, tribal intervention, and the first federal prediction market bill to advance from a congressional committee. The Commodity Futures Trading Commission (CFTC) filed…
The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against the state of Kentucky, marking the ninth state the federal regulator has taken legal action against in its ongoing effort to assert authority over prediction markets. The…
Meta, the parent company of Facebook, Instagram, and WhatsApp, is reportedly developing a prediction market application that could compete with established platforms such as Kalshi and Polymarket. The project, internally referred to as Arena, was commissioned by Meta…
Meta Platforms, the parent company of Facebook and Instagram, is reportedly exploring the development of a standalone smartphone application focused on prediction markets, according to a report from Gambling Insider. The initiative, internally referred to as “Arena,” is…
The Commodity Futures Trading Commission (CFTC) has initiated legal action against the state of Kentucky, while prediction market operator Kalshi has separately filed a lawsuit against Illinois. These legal challenges come in response to recent state-level measures that…
Kalshi, a prediction markets company, has quietly withdrawn from India, updating its member agreement to block users in the country from trading event contracts. The move comes amid a broader regulatory crackdown on prediction platforms, with European regulators…
Minnesota state authorities have escalated their legal confrontation with the prediction market industry, filing a new court document that accuses President Donald Trump of attempting to regulate prediction markets for personal benefit. The filing is part of ongoing…
Prediction market platforms Kalshi and Polymarket made headlines this week, with Kalshi expanding into Canada and a Polymarket trader suffering a multimillion-dollar loss on a World Cup bet. The developments highlight the growing global footprint of prediction markets…
