Kalshi and its pursuit of nationwide trading on the outcome of sporting events hit a significant roadblock in Maryland.

Kalshi’s two-win streak ended with a preliminary loss in its lawsuit against Maryland gaming regulators—a shift from prior federal district ...

A federal judge in Maryland on Friday ruled against the prediction market operator Kalshi on whether states can use sports ...

The legal chess match comes ahead of expected M&A in prediction markets. The post Kalshi Going On Offense After Legal Setback ...

A judge has ruled against Kalshi in a preliminary ruling, the first significant court roadblock as the prediction market ...

Shortly after receiving the first adverse ruling in any of the current high-profile matters being litigated against state ...

The landscape of American prediction markets faces fresh uncertainty following a Maryland federal court’s rejection of Kalshi ...

A federal judge in Maryland ruled the prediction market should receive a sports betting license to operate inside Maryland ...

A legal showdown over the classification of sports-based prediction markets escalated on Friday as a federal judge in ...

Because prediction markets are more similar to trading exchanges, they fall under the purview of the Commodities Futures Trading Commission (CFTC), rather than state-based gaming regulators. That has ...

Kalshi received six cease-and-desist letters in relation to their growing number of sports event contracts. As well as Nevada, New Jersey, and Maryland, similar moves were made by Ohio, Illinois ...

Kalshi slammed over misrepresented talks, as IGA chair calls CEO a "lying little twerp" amid legal battle with tribes in Maryland court.