Kalshi's prediction markets for live sporting events could run into a federal legal roadblock known as the Wire Act, which ...

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

A federal judge in Nevada recently granted a preliminary injunction to Kalshi, which operates a derivatives exchange and ...

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

First-time customers can capitalize on tonight’s NBA Play-In Tournament games by activating our exclusive Kalshi promo code ...

After suing Nevada and New Jersey, a federal judge issued a temporary restraining order and preliminary injunction against ...

Key to the argument now being put across is the state's claim that the whole state stands to suffer if Kalshi does obtain ...

Several states already sent cease-and-desist letters to platforms such as Kalshi that offer sports prediction contracts, ...

The CEO of MGM Resorts argued vehemently on Tuesday that gambling should be reserved as a states' rights issue ahead of a ...

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

In a hearing last week in Nevada, a judge asked how do you tell the difference between a “sports-related event contract” and a sports bet or wager? Kalshi’s lawyers answered, “So the ...

New York, New Hampshire and Rhode Island tax sports betting revenue at 51%, while Delaware taxes it at 50%. Illinois taxes ...