A Michigan court is barring a prediction market platform from offering sports wagers to state residents or risk massive daily fines for …
Kalshi
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In brief Ingham County Circuit Judge Rosemarie Aquilina granted Michigan a preliminary injunction against Kalshi, signed Tuesday. Kalshi must run geolocation through …
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From Beta App to Chart-Topper Fomo launched its public beta in May 2025, founded by Paul Erlanger and Se Yong Park. A …
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A federal appeals court ruled on Aug. 28 that Kalshi had not shown Nevada’s regulation of its sports-event contracts was likely preempted …
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Markets
Kalshi lays down first lifetime ban for ex-member of Congress George Santos
by shayaanby shayaanThe prediction market platform banned Santos for manipulation as part of the industry’s ongoing efforts to show it’s dealing with bad behavior. …
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Regulation
Ninth Circuit ruling clears path for Nevada to enforce gambling rules on Kalshi
by shayaanby shayaanThe U.S. Court of Appeals for the Ninth Circuit has ruled against Kalshi, a prediction market platform, in a dispute over state …
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Markets
Kalshi takes legal blow in court ruling confirming state powers over prediction markets
by shayaanby shayaanThis latest U.S. appeals court ruling sets up a rift between federal courts on event contracts, suggesting the U.S. Supreme Court may …
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Regulation
FlightAware Kalshi lawsuit dropped in 24 hours as Kalshi tweaks wording
by shayaanby shayaanFlightAware quietly closed the book on a legal fight it had opened barely 24 hours earlier, dismissing its legal action targeting prediction …
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Markets
Connecticut's new lawsuit against Kalshi piles on to prediction market legal fight
by shayaanby shayaanThe courtroom combat across state and federal courts is so far producing roughly split outcomes, suggesting a big job may be coming …
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A Vote on a Market That Already Has Customers Secretary of State Bob Evnen’s office confirmed on Friday that the Online Sports …