The CEO of Kalshi says the prediction markets exchange should not be treated as a gambling operation, in part because the U.S ...

Kalshi's prediction markets for live sporting events could run into a federal legal roadblock known as the Wire Act, which ...

Kalshi obtained another legal victory when the US District Court for Nevada granted its motion for a preliminary injunction ...

Kalshi’s model—described as a peer-to-peer “financial exchange”—has been criticized as a distinction without a difference ...

Kalshi can keep offering its sports event contracts in Nevada—for now. The post Kalshi Notches Legal Win in Fight With Nevada ...

After suing Nevada and New Jersey, a federal judge issued a temporary restraining order and preliminary injunction against ...

Nevada pushes back on Kalshi lawsuit, arguing federal law can’t force states to enforce national regulatory schemes under ...

Prediction market Kalshi is suing the states of New Jersey and Nevada in an effort to continue offering prediction markets ...

Federal judge lets Kalshi keep offering sports contracts in Nevada while rejecting state’s attempt to shut it down.Done ...

A federal judge's ruling in Nevada will enable Kalshi to continue offering markets on sporting events for the foreseeable ...

Several states already sent cease-and-desist letters to platforms such as Kalshi that offer sports prediction contracts, arguing they are simply outlets for unlicensed sports betting. The launch of ...

U.S. District Judge Andrew Gordon sided with Kalshi in a legal dispute with the Nevada Gaming Control Board and the Nevada Gaming Commission, halting any enforcement actions that would interfere with ...