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 ...

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

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

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

Kalshi has appealed its legal defeat in Maryland, and the appellate case isalready scheduled in the US Court of Appeals for ...

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

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

Screenshot from Kalshi’s fully AI-generated ad that was played during the NBA Finals. Image: Kalshi eWEEK content and product recommendations are editorially independent.

Kalshi has raised $185 million in a funding round that values the prediction marketplace at $2 billion, its CEO Tarek Mansour said in a post on X on Wednesday.