Tribal case tests a different Kalshi defense Kalshi faced the Ninth Circuit on July 10 as Blue Lake Rancheria, Chicken Ranch Rancheria …
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Tag:
Kalshi
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Regulation
Kalshi Takes Tribal Sovereignty Fight to Ninth Circuit Over Sports Markets
by shayaanby shayaanTribal case tests a different Kalshi defense Kalshi faced the Ninth Circuit on July 10 as Blue Lake Rancheria, Chicken Ranch Rancheria …
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Markets
U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court
by shayaanby shayaanThe federal derivatives regulator, which oversees trading at Kalshi, argued it was inappropriate for Michigan to “bully” the firm into reversing trades. …
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Markets
Kalshi and prediction market sector embroiled in mixed bag of legal fights across U.S.
by shayaanby shayaanSome of the many battles with state gaming regulators aren’t going well for the industry at the moment, but it isn’t without …
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Regulation
Coinbase CLO Praises Amicus Brief by Former Acting Deputy AG in Support of Kalshi
by shayaanby shayaanCoinbase Chief Legal Officer Paul Grewal has publicly commended a legal brief filed by former U.S. Acting Deputy Attorney General Elizabeth Prelogar …
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Regulation
Trump Jr. could cash in big as Kalshi targets $40B amid ethics scrutiny
by shayaanby shayaanDonald Trump Jr. stands to make a large profit from his share in the prediction market company Kalshi, but the deal is …
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Scams
Kalshi Scores FIFA World Cup Spotlight as Prediction Market Trading Surges to Record
by shayaanby shayaanIn brief Kalshi has teamed up with FIFA-linked ADI Predictstreet to expand its reach and step into the World Cup’s spotlight. Driven …
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Kalshi has filed a federal lawsuit challenging a new Illinois law that would require prediction market platforms offering sports event contracts to …
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The regulatory fight over prediction markets has moved into another federal courtroom, with the Commodity Futures Trading Commission suing Kentucky officials in …
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Scams
Kalshi Sues Illinois Over New State Tax on Sports-Related Prediction Markets
by shayaanby shayaanIn brief Kalshi sued Illinois after the state created a 15% tax on revenue from sports-related prediction market wagers. The tax is …