Kalshi Probes $9,608 Payout From Bets on Press Secretary Pick
Kalshi investigates bets placed before Trump’s selection of Katie Zacharia as press secretary became public, amid scrutiny of prediction market trading.
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Kalshi
NFL Tells Supreme Court Kalshi's Sports Contracts Are Gambling
The NFL urges Supreme Court review of sports prediction markets, backing state gambling oversight as Kalshi defends federal CFTC regulation.
Appeals Court Lets Ohio and Tennessee Block Kalshi's Sports Bets
The Sixth Circuit ruled that Ohio and Tennessee can enforce sports betting laws against Kalshi, adding to a split among federal appeals courts.
Kalshi Denies CFTC Probe Into Identical-Sized Crypto Trades
Kalshi denies facing a formal CFTC investigation after reports identified repetitive trades and unusually high volume in its crypto perpetual markets.
Kalshi's Election Markets Hit $133M as Midterm Betting Surges
Kalshi election markets launch on DoubleZero Edge, giving institutions real-time political data ahead of the November 3 US midterm elections.
Robinhood Takes Equity Stakes in Crypto.com and OG.com to Expand Betting Markets
Robinhood has partnered with Crypto.com and OG.com to expand sports and election prediction markets after the business generated $156 million in quarterly revenue.
Michigan Court Orders Kalshi to Keep Blocking Sports Contracts
A Michigan court ordered Kalshi to keep sports event contracts blocked and use licensed geolocation services or face fines of $500,000 per day.
Kalshi Locks Out Rivals in Exclusive US Open Deal
Kalshi has reportedly signed an exclusive US Open partnership with the USTA as sports prediction markets grow despite ongoing regulatory disputes.
Connecticut Sues Kalshi to Shut Down Its Sports Contracts
Connecticut has sued Kalshi to block its sports event contracts, escalating a dispute over whether prediction markets fall under federal or state oversight.
Kalshi Has Sold $1.12B in Equity Since April Filing Shows
Kalshi has sold $1.12 billion in equity under a $1.5 billion offering as the prediction market leader reportedly seeks a valuation of up to $40 billion.
Cantor Fitzgerald Opens Kalshi Block Trading to 3,000 Institutions
Cantor Fitzgerald will give about 3,000 institutional clients access to Kalshi block trades as prediction markets expand into risk management.
Kalshi Files to Launch US Perpetual Futures on Stocks and Copper
Kalshi has filed with the CFTC to launch perpetual futures tracking a US large-cap equity index and copper as it expands its derivatives business.