Kalshi regulatory battles dominate prediction market news - LIVE
ReadWriteby Suswati Basu·7d ago
Today in prediction market news, we’re following another busy day for Kalshi, including its escalating geofencing fight with Nevada regulators, a Connecticut federal court’s rejection of its bid...
Kalshi loses Connecticut gambling enforcement appeal injunction
ReadWriteby Suswati Basu·7d ago
A federal judge in Connecticut will allow state officials to keep enforcing gambling laws against prediction-market operator Kalshi while the company takes its case to an appeals court. U.S.
Nevada and Kalshi clash deepens over geofencing deadline
ReadWriteby Suswati Basu·7d ago
Kalshi and Nevada’s gaming regulator are accusing each other of wrongdoing as their long-running court fight shifts to whether the prediction market properly blocked trading inside the state.
Novig sues Wisconsin over event contract enforcement
ReadWriteby Suswati Basu·7d ago
Novig has taken Wisconsin officials to federal court, aiming to prevent the state from using its gambling laws against sports event contracts available through the company’s federally supervised...
Aristotle companies sue Underdog over exchange acquisition
ReadWriteby Suswati Basu·10d ago
Two companies tied to Aristotle’s exchange business are suing Underdog Sports Holdings, CEO Jeremy Levine and several other defendants, months after Underdog unveiled plans to buy Aristotle’s...
Baltimore sues Kalshi and Polymarket over sports betting
ReadWriteby Suswati Basu·10d ago
Baltimore is taking Kalshi and Polymarket to court, alleging the prediction-market companies are effectively running illegal sportsbooks while describing their products as legitimate financial...
Washington court restricts Kalshi prediction market contracts
ReadWriteby Suswati Basu·10d ago
A Washington judge has imposed new limits on Kalshi, giving the prediction market operator firm deadlines to stop people in the state from buying contracts linked to sports, elections, politics and...
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