Kalshi is asking the full appeals court to rehear the decision on its sports event contracts as the case heads toward possible Supreme Court review.

A growing coalition including state regulators, the NFL, and former SEC chairs wants the Supreme Court to settle whether federal commodities law preempts state

Kalshi is partnering with tribal operators to bolster its jurisdictional argument that event contracts fall under federal, not state, authority.

Lobbying and legal spending escalate amid state crackdowns and federal efforts to assert authority over event contracts.

The two biggest platforms are deploying significant lobbying and legal resources as the regulatory battle escalates.

A compact with Oklahoma's Alturas Indian Rancheria has drawn opposition from more than 140 tribes worried about gaming sovereignty.

New York's suit adds a major state-level legal front to the fight over whether event contracts constitute gambling.

New York becomes the latest state to sue Kalshi directly, arguing its sports and event contracts violate state gambling law despite the company's federal licens

The trader's track record on Kalshi's inflation contracts is drawing attention to event markets as macro forecasting tools.

Kalshi is raising at a reported $40 billion valuation as prediction market volumes hit record levels and the two dominant venues spend millions on lobbying.

Kalshi wants the entire appeals court to revisit a panel decision on its sports event contracts, a case that runs parallel to the separate Supreme Court fight o

Kalshi traders repriced the tenure market after Zacharia's first appearance as press secretary.

Institutional prime brokerage access signals prediction markets are moving toward mainstream finance adoption.

Kalshi is pressing for full appellate review as the state-federal fight over sports contracts continues toward the Supreme Court.

Kalshi is investigating who knew about the pick after improbably accurate bets, echoing past insider-trading concerns in event markets.

Prediction market pricing shows the Democratic incumbent gaining ground in the Ohio Senate race.

Multiple outlets published state-by-state guides as the regulatory picture for sports prediction markets remains unsettled.

The federal trade regulator's sports gambling inquiry reportedly will not target the two largest prediction market venues.