Kalshi funds New York schools as regulators pursue legal challenge
The prediction market operator is directing millions to New York schools while fighting regulatory action over its product classification.
Read at Legal Sports Betting →Full coverage · 15 outlets
- Legal Sports Betting · lead
- The New York TimesKalshi Ordered to Cease Most Operations in Washington State
- Ars TechnicaUS tries to override New York gambling laws, orders Kalshi to keep operating
- CoinDeskCFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit
- Nevada CurrentProtracted legal fight expected in Nevada v. Kalshi
- Front Office SportsWhy Polymarket Has Avoided Legal Pushback So Far
- The GuardianSurging prediction markets face legal backlash in US: ‘Lines have been blurred’
- BritannicaKalshi | Prediction Market Exchange, History, & Regulation
- Capitol News IllinoisIllinois regulators say prediction markets are illegal gambling, but bettors - and the Trump family - love them
- ReutersKalshi cannot operate sports-prediction market in Massachusetts, judge rules
- NC State Poole College of ManagementPrediction Markets vs. States: Tax Gaps and Legal Battles
- WilmerHaleSports and Gaming Law 2025 Year in Review: Top Five Developments
- NPRThey quit their day jobs to bet on current events. A look inside the prediction market mania
- Regulatory OversightThe Right to Regulate: Kalshi, Federal Preemption, and the Fight for State Gaming Authority
- GothamistNY wants to shut down Kalshi, the company behind the NYC mayor’s race odds