Kalshi Market Updates: News, Deals, and Regulatory Insights
AI-GENERATEDUS Regulator CFTC Files New Prediction Market Rules for White House Review
The CFTC aims to clearly separate casino products from prediction markets. Meanwhile, CBS News is already using Kalshi data for the 2026 elections.
AI-GENERATEDCFTC Seeks New Event Contract Definitions to Combat State Gambling Claims
US regulator CFTC is proposing rules to define prediction market contracts as financial swaps, aiming to bypass state-level gambling classifications for platforms like Kalshi.
AI-GENERATEDG2E Las Vegas: Casino Giants Warn Against Unregulated Prediction Markets
At the Global Gaming Expo, executives from MGM, Wynn, and Caesars criticized the rise of prediction markets like Kalshi, which generate billions without paying taxes.
AI-GENERATEDPrediction Markets: Polymarket Leads Search Demand Despite Kalshi's Volume Dominance
Data from Blask highlights a gap in the US prediction market: Kalshi reached $37.17 billion in trading volume, but Polymarket remains the search leader with 57.8% share.
AI-GENERATEDRaven Secures Strategic Funding at $90 Million Valuation
Trading firm Raven quadruples its valuation to $90 million, cementing its role as a lead liquidity provider for platforms like Polymarket.
AI-GENERATEDUS Gambling Giants DraftKings and FanDuel Ramp Up Pressure on Kalshi
The battle for US sports bettors intensifies as DraftKings spends $111 million on TV ads this year while Kalshi faces legal scrutiny over its betting definitions.
AI-GENERATEDFunding Conflicts: The Ethical Dilemma of Gambling Research
The debate over industry-funded harm research intensifies as Michigan and Nevada regulators exit the NCPG following a $2 million donation from Kalshi.
AI-GENERATEDMexican Football Federation Sues Kalshi Over Liga MX Trademark Use
The FMF has filed a federal lawsuit in New York against prediction market operator Kalshi. The federation alleges unauthorized use of team names and trademarks in sports contracts.
AI-GENERATEDTribal Rift: Tunica-Biloxi Launches Kalshi-Powered App Despite Fierce Opposition
The Tunica-Biloxi Tribe of Louisiana has launched a prediction-market app. Tribal gaming groups strongly condemn the Kalshi partnership as illegal Class III gaming.
AI-GENERATEDLeBron James and the $167 Billion Wager: How Betting Conquered American Sports
LeBron James joins Polymarket as US sports betting hits a record $167 billion, while FBI probes link former associates to illegal gambling rings.
AI-GENERATEDGen Z Drives Surge in Online Gambling and Prediction Markets
A new report reveals that Gen Z accounts for nearly two-thirds of transactions on prediction markets like Kalshi. Online betting is growing faster than banks anticipated.
AI-GENERATEDMissouri AG Targets Prediction Markets Over Illegal Sports Betting Allegations
Missouri Attorney General Catherine Hanaway has issued cease-and-desist letters to six companies, including Polymarket and Robinhood, for operating unlicensed sports betting.
AI-GENERATEDCalifornia Tribes Win Appeal Against Kalshi Over Prediction Markets
A US appeals court ruled 3-0 in favor of California tribes, stating that Kalshi's event contracts likely violate tribal gaming sovereignty under federal law.
AI-GENERATEDGenius Sports CEO Sees Prediction Markets as Opportunity Despite Regulatory Shifts
Genius Sports CEO Mark Locke predicts prediction markets in the US will endure. Eilers & Krejcik estimate that 69 percent of Kalshi's retail demand comes from states without legal sports betting.
AI-GENERATEDPrediction Markets at the Supreme Court: Crypto.com and Robinhood Demand Clarity
Major platforms including Crypto.com and Robinhood are pushing the U.S. Supreme Court for a definitive ruling on event contracts as 44 Attorneys General challenge federal oversight.