Several states already sent cease-and-desist letters to platforms such as Kalshi that offer sports prediction contracts, arguing they are simply outlets for unlicensed sports betting. The launch of ...

The CEO of Kalshi says the prediction markets exchange should not be treated as a gambling operation, in part because the U.S ...

Kalshi shows no signs of slowing down its foray into sports prediction markets after a strong performance on the Masters ...

In a rare move, United Airlines shared two profit scenarios for 2025, warning of a sharp drop if the U.S. economy enters a recession and travel demand continues to weaken.

The Ohio Casino Control Commission is preparing to get sued over its attempt to shut down trading of sports event contracts ...

Kalshi obtained another legal victory when the US District Court for Nevada granted its motion for a preliminary injunction ...

Kalshi’s model—described as a peer-to-peer “financial exchange”—has been criticized as a distinction without a difference ...

Making drastic cuts to the Securities and Exchange Commission won’t save taxpayers a dime. But the Wall Street regulator ...

Founded by early Facebook investor Ali Partovi, Neo has made big bets on founders of hotshot AI startups Pika and Anysphere, ...

Elon Musk's Department of Government Efficiency is seeking access to U.S. Securities and Exchange Commission data, including ...

President Donald Trump was impeached twice during his first term in the White House. And now gamblers on one legal betting ...

Elon Musk's Department of Government Efficiency seeks access to sensitive Securities and Exchange Commission data, including ...