A Nevada judge has upheld a statewide ban on prediction market platform Kalshi offering sports-related contracts, siding with regulators who argue the company’s products amount to unlicensed gambling.
Despite a judge ordering the prediction market to cease operations in the state, messages displayed inside the arena are ...
Federal appeals judges declined to transfer California tribal litigation against Kalshi to separate Nevada sports contracts ...
CFTC and DOJ filed federal lawsuits against Arizona, Connecticut and Illinois over prediction market regulation, while Kalshi won a Third Circuit appeal in New Jersey.