
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.

An appeals court sided with a lower court's ruling that Kalshi failed to show that the federal government preempts Nevada’s authority.

The ruling underscores the tension between federal and state regulatory powers, potentially reshaping the landscape for prediction markets.

[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 […]


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 […]

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 […]

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…

Kalshi Head of Litigation Jovy Dedaj calls the move 'arbitrary and inconsistent enforcement,' as other platforms continue to operate there.

A stable interest rate decision by the Fed could bolster market confidence, influencing investment strategies and economic forecasts.

The Form D lists 71 investors and says Kalshi is relying on an exemption that allows certain private offerings without SEC registration.

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 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's growth and institutional interest highlight prediction markets' potential to reshape financial strategies and risk management globally.

It was reported earlier this month that Kalshi is looking to raise $750 million in fresh capital at a $40 billion valuation.

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 […]

Kalshi's Bitcoin perps highlight growing demand for regulated leverage products, challenging traditional venues and reshaping US crypto trading.

Kalshi's MLB partnerships highlight the growing acceptance of prediction markets in sports, potentially reshaping fan engagement and revenue models.

The regulatory outcome could redefine financial product classifications, impacting market dynamics and competition in prediction markets.

Government shutdown odds fell on Kalshi while Polymarket showed a split picture, offering crypto traders a dated read on fiscal risk.

Kalshi blocked Washington users and requested reconsideration as the CFTC prepares new federal rules governing prediction markets.