As Kalshi handled $500 million on March Madness predictions, it continues to ride out a turbulent regulatory atmosphere.

Last week, prediction market startup Kalshi sued New Jersey and Nevada after they tried to shut down its recently launched sports trading operation. In the lawsuit, Kalshi claimed that, since they're ...

A judge partially granted Kalshi's request for a temporary restraining order and preliminary injunction against local gaming ...

Maryland followed at least five other states that have sent cease-and-desist letters. The post Kalshi Gears Up for Legal Fight With States appeared first on Front Office Sports.

Federal judge lets Kalshi keep offering sports contracts in Nevada while rejecting state’s attempt to shut it down.Done ...

Kalshi has enlisted Sara Slane as the company prepares to fight for the right to offer sports prediction markets in the ...

Kalshi's fight with Nevada is a question of federalism, and the language of the Commodities Exchange Act (CEA) is clearly in ...

Kalshi can keep offering its sports event contracts in Nevada—for now. The post Kalshi Notches Legal Win in Fight With Nevada ...

Kalshi has found itself in the regulatory spotlight as the Connecticut Department of Consumer Protection launches an ...

State gambling regulators have begun asserting jurisdiction over these platforms, arguing that event contracts are really ...

Nevada pushes back on Kalshi lawsuit, arguing federal law can’t force states to enforce national regulatory schemes under ...