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 ...

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

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

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 ...

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 ...

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

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

Novig secures $18M in funding to expand sports markets, launch new features, and enhance its peer-to-peer prediction platform ...

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