Sixth Circuit rules Ohio and Tennessee may regulate Kalshi sports contracts as gambling
The appeals court rejected Kalshi's argument that its sports event contracts are financial swaps shielded from state gambling law, deepening a circuit split tha
SCCG Management · +15 outlets
Kalshi seeks $40B valuation, extending lead over Polymarket
The reported valuation target would widen Kalshi's advantage in the prediction market sector ahead of any new fundraising.
CoinMarketCap · +3 outlets
New York sues Polymarket for unlicensed gambling as Polymarket files its own suit
The dueling lawsuits mirror New York's earlier action against Kalshi and escalate state-level enforcement against prediction markets.
TechSpot · +13 outlets
Morgan Stanley becomes first major bank to publicly join prediction markets
The bank's entry adds institutional weight to a sector that has recently passed 1.1 billion trades.
The Cryptonomist · +13 outlets
Arizona AG Mayes pushes to revive gambling case against Kalshi after Ninth Circuit ruling
Arizona's attorney general is seeking to restart her suit following a separate appeals court decision in the Ninth Circuit.
CDC Gaming · +5 outlets
Kalshi introduces new security measures to combat insider trading
The move follows scrutiny of trading activity on prediction market platforms.
WSJ · +13 outlets
Kalshi geofences prediction markets on three California tribal casino properties
The geofencing follows pressure from tribal gaming interests over Kalshi's presence on sovereign land.
Deadspin · +9 outlets
Republican senator seeks subpoena of Trump Jr. over Kalshi and Polymarket ties
The request adds congressional pressure amid a reported $5B trading feud involving Trump Jr.'s associates.
CCN.com · +11 outlets
Kalshi denies CFTC investigation into unusual Ether perpetual trading
The company pushed back on reports of a probe tied to atypical trading patterns in its crypto markets.
CryptoDaily · +13 outlets
FMF sues Kalshi over Liga MX trademark use in New York
The Mexican football federation's suit adds a trademark front to Kalshi's growing legal exposure.
Bonus.com · +4 outlets
National Council on Problem Gambling looks to replace executive director amid Kalshi controversy
The leadership change comes as the council faces questions over its ties to the prediction market industry.
CDC Gaming · +6 outlets
Kalshi's backroom tax victory gives it leverage in legal fights
The tax treatment win could strengthen Kalshi's position in ongoing state and federal disputes.
Bloomberg · +1 outlets
IGA leaders describe testy relationship with Kalshi as Rocha calls Mansour a 'lying little twerp'
The public clash with tribal gaming leaders highlights an existential threat to Kalshi's casino-adjacent expansion.
CDC Gaming · +2 outlets
Kalshi partners with Pyth to power new commodities hub markets
The tie-up extends Kalshi's market coverage beyond sports and politics into commodities pricing.
CoinMarketCap · +6 outlets
Kalshi self-certifies new Steph Curry markets despite past league objections
The self-certification revives a dispute over player-linked contracts that leagues have previously challenged.
The Event Horizon
Public launches AI prediction market agents with Kalshi
The integration brings automated trading agents to Kalshi's markets.
Bonus.com · +14 outlets
Crypto investors can now buy into Cathie Wood's fund holding SpaceX, OpenAI and Kalshi
The fund gives retail crypto investors indirect exposure to private prediction market and AI companies.
unchainedcrypto.com
DraftKings dips as adjusted data narrows Kalshi's 76% prediction-market lead; Robinhood and Flutter slip
The report frames Kalshi's share gains against publicly traded sportsbook and brokerage rivals.
Yahoo Finance · +1 outlets