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 ...

Prediction markets are the most polarising topic in gaming, and US trade groups are venting displeasure with their entry into sports betting.

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

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

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 ...

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

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

So I was interested to sit down with Tenev and really hash out where Robinhood is going and why he’s so adamant that big ...

Fifteen individuals, including senior Tory figures, have been charged by the UK Gambling Commission for allegedly using ...

U.S. District Judge Andrew Gordon sided with Kalshi in a legal dispute with the Nevada Gaming Control Board and the Nevada Gaming Commission, halting any enforcement actions that would interfere with ...

The individuals charged include a former MP, Craig Williams, as the UKGC takes its investigation into political betting a ...