Kalshi hit as Nevada judge deems platform is subject to gambling laws
Setback for prediction markets start-up as ruling that blocked enforcement by state regulators is overturned
Setback for prediction markets start-up as ruling that blocked enforcement by state regulators is overturned

US state first to file criminal case alleging prediction platform offered wagers circumventing unregulated betting ban

Fights over regulation could reshape the US federal system of government

Open interest in Kalshi sports contracts has surged past any other category as lawsuits threaten operations

Initiative highlights rapid evolution of events betting from quaint origins offering wagers on Oscars and elections

Site known for bets on political predictions could soon create and host all manner of markets

Prediction markets are the latest example of a disruptive new industry smacking into problems incumbents have long understood