PRDCT Kalshi

The Ninth and Second Circuits declined to shield Kalshi from state enforcement, and a California injunction bars its sports contracts on tribal lands.

The single-stock perps product expands Kalshi beyond event contracts into leveraged equity-style trading, drawing immediate legal scrutiny.

The ruling lets the contracts continue while questioning whether the CFTC had authority to clear them, raising risk for Kalshi and Coinbase.

Utah's criminal case against Kalshi triggered federal pushback and prompted other prediction platforms to exit the state.

Mansour is proposing disclosure standards for prediction markets as lawmakers consider formal insider trading restrictions.

Kalshi and Polymarket are touting their midterm forecasting record even as critics dispute how much credit they deserve.

Midterm trading volume set new highs for the platform while falling short of its October peak.

Combo sports wagers generated more volume than political markets, underscoring Kalshi's reliance on sports betting.

The raise values Kalshi among the biggest private market movers and funds its expansion into new contract types.

The internal investigations respond to concerns about insider trading on political markets.

New York's case focuses on whether Kalshi's sports contracts function like unlicensed sports betting.

Industry figures are pushing to restrict trading on film and awards markets by people with inside knowledge.

The sportsbook operator acknowledges prediction markets are pulling trading activity away from traditional platforms.

Some tribal operators are partnering with prediction markets while others fight them in court over gaming revenue.

The league's prediction market partnerships bring new engagement but risk integrity and regulatory complications.

Traditional trading firms are entering Kalshi as clearing and institutional access mature.

The public dispute highlights tension between poll-based modelers and prediction markets over election forecasting credit.

Journalism and policy observers debate the consequences of turning news events into tradable contracts.

The close Mississippi contest became one of the most heavily traded state-level political markets.

State-level political markets continue to attract substantial trading volume.

Traders repriced a range of political outcomes after Democratic midterm wins.

The episode illustrates how outside parties can prompt Kalshi to list new niche contracts.

State ballot measures drew modest but notable trading on the platform.

The initiative is part of Kalshi's effort to build goodwill with New York regulators and lawmakers.

A skeptical analysis disputes claims that prediction markets outperformed traditional forecasting.

The proposed contract would extend prediction markets into college admissions outcomes.