Federal judge allows Utah to enforce anti-gambling laws against Kalshi sports prediction markets
A federal judge ruled Utah can enforce its anti-gambling laws against Kalshi's sports prediction contracts, a significant legal setback for the platform.
The Hill · +15 outlets
New York Attorney General sues Kalshi; company's chief counsel defends platform
New York's lawsuit against Kalshi has taken on a partisan edge, with the company's chief counsel defending the platform as legal under federal law.
inc.com · +14 outlets
Kalshi Defends Plan to Allow Bets on Cancer Patients' Medical Futures
Kalshi faces backlash for prediction markets tied to individual medical outcomes, including a Guardian op-ed from a father whose son has cancer.
Futurism · +2 outlets
Genius Sports partners with Kalshi and Polymarket for official sports data and prediction markets
Genius Sports is expanding into prediction markets through data and streaming deals with Kalshi and Polymarket, signaling growing institutional interest.
iGaming Business · +14 outlets
Polymarket valuation talks top $20 billion as platform seeks new funding
Polymarket is reportedly seeking a new funding round that could value the prediction market platform at over $20 billion.
Bettors Insider · +14 outlets
Kalshi traders see 66.9% chance S&P 500 hits 8,000 this year
Prediction market odds on Kalshi indicate a strong probability the S&P 500 will reach 8,000 in 2026.
bloomingbit · +1 outlets
Kalshi S&P 500 8,000 odds surge; market prices 66.9% chance
CNBC reports that Kalshi traders now see a strong likelihood of the S&P 500 reaching 8,000 by year-end.
CNBC · +1 outlets
US senators urge crackdown on wildfire betting amid arson risk warnings
Lawmakers call for regulation of prediction markets on wildfire events, citing concerns that such bets could incentivize arson.
theguardian.com · +2 outlets
Kalshi COO and NY Governor trade barbs over drug prediction markets
New York Governor Hochul and Kalshi's co-founder exchanged heated public statements over prediction markets for drug-related events.
ingame.com
CLARITY Act vote odds fall before recess on Kalshi
Prediction market odds for the CLARITY Act, which could define prediction markets' legal status, declined as Congress approached recess.
Coin Gabbar · +14 outlets
Kalshi market shows Texas Senate race in dead heat between Paxton and Talarico
Prediction market odds on Kalshi show the Texas Senate race as a toss-up between incumbent Ken Paxton and challenger James Talarico.
Kalshi · +11 outlets
Kalshi says 75% of its users never trade, but platform aims to capitalize
A large majority of Kalshi users do not actually place trades, yet the company sees opportunity in engagement beyond trading.
Finance Magnates · +12 outlets
Tribal gaming regulators push to add prediction markets provision to CLARITY Act
Senators and tribal gaming regulators are renewing efforts to include prediction market language in the CLARITY Act.
The Block · +14 outlets
Kalshi blocks Washington state betting but says pause is overbroad
Kalshi agreed to block Washington state users from sports prediction markets but argued the requested pause exceeds what is necessary.
Law360
Kalshi deal pulls Comply into prediction market oversight
A compliance firm has been brought in to oversee Kalshi's prediction market operations as regulatory scrutiny intensifies.
fintech.global · +14 outlets
Kalshi exclusive: Company banks on predictions' accuracy to win trust
Kalshi is positioning its prediction accuracy as a key differentiator in a Semafor exclusive interview.
Semafor
Maine elections become $42M hotbed for betting on Polymarket and Kalshi
Maine's state elections have attracted significant prediction market volume, with over $42 million wagered on Polymarket and Kalshi.
Seacoastonline.com
Kalshi's exchange for everything: Platform positions as universal prediction marketplace
Kalshi is branding itself as a comprehensive exchange for all types of prediction markets, from sports to politics to finance.
Yahoo Finance · +1 outlets