Utah's attorney general calls Kalshi the manager of a back-alley gambling den and asks a state court to halt its sports and election markets, the latest state a

As Utah becomes the latest state to challenge its event contracts, Kalshi's leadership says the dispute over federal versus state jurisdiction may end up before

BitGo becomes the first custodian on the Kalshi Prime network, letting customers post Bitcoin and Ether as collateral for leveraged perpetual futures trades wit

Incumbent exchanges including CME are pressing the CFTC to reject Kalshi's no-expiry oil contracts, arguing the perpetual structure conflicts with existing comm

The two prediction market operators are ramping up political spending while facing lawsuits and regulatory pressure from states and Washington.

Lawmakers are seeking information on VIP and rewards programs across sportsbooks and prediction markets, widening the federal inquiry into the sector.

Federal prosecutors charge a soldier with using inside information to profit from a prediction market contract on Venezuela's leadership, pleading not guilty.

The Texas senator is proposing federal limits on prediction market operators, adding a congressional front to the industry's regulatory fight.

Operators say survival is at stake as they build surveillance and enforcement tools to police insider trading on event contracts.

A federal ruling blocks Illinois gaming regulators from enforcing state gambling law against Kalshi, a win for its federal-jurisdiction argument.

Kalshi wants to expand beyond sports and politics into markets tied to computing capacity, a novel contract category needing regulatory sign-off.

The market share figure underscores Kalshi's dominance even as states and federal agencies escalate challenges to its contracts.

The landmark trade uses prediction market contracts to hedge tungsten price risk, an example of Kalshi's push into commodity hedging.

Michigan regulators accuse Kalshi of flouting a cease-and-desist by continuing targeted advertising in the state.

Record volumes highlight the sector's rapid growth amid rising regulatory and political attention.

BitGo's bank entity becomes the inaugural custodian on Kalshi's new prime brokerage network, an infrastructure step for institutional prediction market trading.

New Jersey joins the list of states pressing Kalshi while issuing new responsible-gaming requirements for operators.

A California tribe is added as a party to litigation challenging Kalshi's event contracts, as some tribes pursue partnerships while others litigate.