With 38 active cases across 21 states, conflicting federal rulings over Kalshi have raised the risk that U.S. prediction-market access will fragment …
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Tag:
Kalshi
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Regulation
Supreme Court Weighs Prediction Markets Regulation as States Clash With Kalshi
by shayaanby shayaanNew Jersey has thrown down a legal gauntlet that could reshape how the entire country treats online betting on sports outcomes. The …
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Prediction market Kalshi won’t let you bet on whether New Jersey’s case against it will reach the US Supreme Court, or what …
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Kalshi plans to seek U.S. regulatory approval as early as next week for a perpetual futures contract linked to West Texas Intermediate …
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Regulation
Michigan Blocks Predictions Markets Platform Kalshi From Offering Sports Bets in the State
by shayaanby shayaanA Michigan court is barring a prediction market platform from offering sports wagers to state residents or risk massive daily fines for …
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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 …