Rhode Island becomes the latest state to join the fight against Kalshi and other prediction markets for offering sports prediction contracts. The lawsuit was fi

Rhode Island becomes the latest state to join the fight against Kalshi and other prediction markets for offering sports prediction contracts. The lawsuit was fi

Kalshi, CFTC Chair Michael Selig, and US President Donald Trump all made public statements this week supporting federal regulation over prediction markets in response to…

The federal agency argues it holds exclusive jurisdiction over platforms like Kalshi and Polymarket, making Rhode Island the seventh state it has sued