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Kalshi takes legal blow in court ruling confirming state powers over prediction markets
CoinDesk•Jesse Hamilton28 AugKalshi — page 8
Platform · 537 articlesCoverage, page 8
page 8 of 27CoinDesk•Jesse Hamilton28 Aug
Ninth Circuit Says Kalshi Sports Contracts Aren’t Swaps, Splitting With Third Circuit
The panel affirmed the dissolution of Kalshi’s Nevada injunction after finding no likely federal preemption, reaching the opposite preliminary conclusion from the Third Circuit.
The Defiant•The Defiant Team28 Aug
Ninth Circuit deals blow to Kalshi in Nevada sports betting fight, challenging CFTC’s exclusive jurisdiction claim
An appeals court sided with a lower court's ruling that Kalshi failed to show that the federal government preempts Nevada’s authority.
The Block•Sarah Wynn28 Aug
Ninth Circuit rules against Kalshi in 3-0 vote, letting Nevada enforce gaming laws on prediction markets
The ruling underscores the tension between federal and state regulatory powers, potentially reshaping the landscape for prediction markets.
CryptoBriefing•Editorial Team28 Aug
Same Election Question, Two Different Odds: Predictions.io Launches Free Cross-Venue Comparison Tools
[PRESS RELEASE – Washington, United States, August 28th, 2026] As prediction-market volume hits record highs and regulators circle, identically worded midterm questions are trading several points apart depending on the venue. Predictions.io now tracks 9,700+ markets across Kalshi, Polymarket and Manifold in one place – with free fee and odds calculators so traders can see […]
Connecticut's new lawsuit against Kalshi piles on to prediction market legal fight
CoinDesk•Jesse Hamilton27 Aug
Kalshi Nears Sponsorship Deal With Times-Owned The Athletic
Kalshi is in advanced talks to become a sponsor of The Athletic, filling a commercial slot the sports title has left open since its exclusive Betmgm partnership lapsed. No agreement has been signed yet, and any deal would need approval from the New York Times’ parent company. Talks Would Fill a Slot Left by an […]
Bitcoin.com News•Luci Kelemen27 Aug
Tennessee’s Kalshi Fight Highlights Major Potential Turning Point for Prediction Markets
The legal battle over sports prediction markets is quickly becoming one of the most consequential gambling and crypto regulatory fights in the United States. Prediction Markets: “Bets” or “Event Contracts”? At the center of the regulatory debate is a deceptively simple question: when someone puts money on whether the Tennessee Titans will win a football […]
Bitcoin.com News•Graham Stone27 Aug
Connecticut sues Kalshi over unlicensed sports event contracts
Connecticut has sued Kalshi and asked a court to block the prediction market platform from offering sports event contracts that state officials classify as unlicensed sports wagering. The Connecticut Attorney General’s Office said Wednesday that Attorney General William Tong, Department…
Connecticut sues Kalshi over sports event contracts in months-long legal feud
Kalshi Head of Litigation Jovy Dedaj calls the move 'arbitrary and inconsistent enforcement,' as other platforms continue to operate there.
The Block•Timmy Shen27 Aug
67% chance Fed holds rates in September, Kalshi traders say
A stable interest rate decision by the Fed could bolster market confidence, influencing investment strategies and economic forecasts.
CryptoBriefing•Estefano Gomez26 Aug
Kalshi’s $1.5B equity offering is three-quarters sold at $1.12B
The Form D lists 71 investors and says Kalshi is relying on an exemption that allows certain private offerings without SEC registration.
Cointelegraph•Cointelegraph by Helen Partz26 Aug
Coinbase CLARITY Act: Armstrong Expects 60+ Votes Despite Kalshi 22% Odds
Brian Armstrong predicts 60-plus Senate votes for the CLARITY Act, but Kalshi traders give that outcome just a 22% chance on September 15.
Kalshi raises $1.12 billion after securing $22 billion valuation
Kalshi has raised about $1.12 billion through an equity offering since April, with a new U.S. securities filing showing roughly $380 million remains available under the nearly $1.5 billion offering. The Securities and Exchange Commission filing submitted on Aug. 25…
Kalshi raises $1.12B in private equity offering as prediction markets go institutional
Kalshi's growth and institutional interest highlight prediction markets' potential to reshape financial strategies and risk management globally.
CryptoBriefing•Editorial Team26 Aug
Kalshi raised $1.12 billion via private equity offering since April, latest SEC filing shows
It was reported earlier this month that Kalshi is looking to raise $750 million in fresh capital at a $40 billion valuation.
The Block•Danny Park26 Aug
Nebraskans Set to Vote on Betting Markets With Kalshi Looming
Nebraska’s Secretary of State certified two online sports wagering petitions on Aug. 21, sending both to the Nov. 3 general election. One would authorize online wagering in the state constitution; the other would write the tax and licensing framework into statute. Fanduel and Draftkings each put roughly $3.5 million into the campaign, and a casino […]
Bitcoin.com News•Luci Kelemen26 Aug
Kalshi’s Bitcoin traders brace for $67,000 amid leverage shock
Kalshi's Bitcoin perps highlight growing demand for regulated leverage products, challenging traditional venues and reshaping US crypto trading.
CryptoBriefing•Editorial Team25 Aug
Kalshi partners with five MLB teams for multi-year deals as prediction markets storm pro sports
Kalshi's MLB partnerships highlight the growing acceptance of prediction markets in sports, potentially reshaping fan engagement and revenue models.
CryptoBriefing•Editorial Team25 Aug
Kalshi asks SEC to pump the brakes on Cboe’s push into prediction markets
The regulatory outcome could redefine financial product classifications, impacting market dynamics and competition in prediction markets.
CryptoBriefing•Editorial Team25 Aug