A federal judge in Las Vegas dealt a blow to Kalshi Inc.’s sports-betting business in Nevada by allowing state gaming regulators to take enforcement actions against the predictions-market startup.

Kalshi, a New York-based prediction market launched in 2021, allows users to bet on any future event— from presidential election results to the price of Bitcoin at the end of the year to the number of ...

One of the companies offering prediction market contracts for sporting events is resisting a Nevada judge’s ruling that prevents it from operating in the state. In a Tuesday notice, Nevada Gaming ...

Kalshi has been hit with a decision in Neveda that subjects it to gaming rules, and New Jersey & Ohio want the same.

Nevada regulators warn sportsbooks against working with any predictions market companies like Kalshi after a judge ruled in the state's favor.

Kalshi lost court protection in Nevada and now faces enforcement while it appeals, even as its business booms and valuation ...

A Massachusetts judge on Tuesday questioned whether prediction-markets operator Kalshi could legally offer the state's ...

A preliminary injunction barring state regulators from labeling Kalshi’s sports event contracts as unlawful gambling was revoked by a Nevada court, according to Daniel Wallach, a sports betting and ...

A federal judge temporarily blocked Connecticut from enforcing its gambling order against prediction market Kalshi.

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A federal judge said the prediction markets platform Kalshi is subject to Nevada gaming rules, impeding its ability to expand its sports betting business.