Kalshi let 35,000 Ohioans bet on sports without a license or paying the 20 percent tax—now the state wants $5 million and the ...
Ohio's gambling regulators are getting ready to hit the so-called 'prediction market' platform Kalshi with a $5 million fine ...
The fine comes on the heels of a court loss Kalshi suffered in March, when a federal judge said its offerings should be ...
Ohio’s gambling oversight agency has formally notified prediction market leader Kalshi of its intent to impose a $5 million fine.
The Ohio Casino Control Commission is looking to fine Kalshi $5 million for what it calls unlicensed sports gaming in the ...
Ohio argues Kalshi sidesteps gambling laws amid appeal as court weighs whether sports event contracts fall under federal swaps rules.
Ohio regulators escalate dispute, claiming that prediction contracts constitute unlicensed sports gambling, while issuing ...
Federal appeals court rules New Jersey can't enforce gambling laws against Kalshi prediction markets, citing federal Commodity Exchange Act supremacy.
It's the latest salvo in a battle over whether the prediction market operator's sports offerings are gambling or federally ...
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