Browsing: Kalshi

Mo. (KCTV) – Missouri’s top attorney general is attempting to crack down on unlicensed prediction markets, sending cease-and-desist letters to several companies, including Polymarket and Kalshi

D.C.— Dominick Freda, Legal Director of Better Markets, issued the following statement regarding the decision in KalshiEX LLC v. Assad, No. 25-7516 (9th Cir.), rejecting Kalshi’s attempts to circumvent state gaming laws by calling its wagers “swaps”:

According to the announcement, they will use enterprise-grade weather data feeds to verify outcomes on climate-prediction trades.

Kalshi on Tuesday announced marketing partnerships with five Major League Baseball clubs.

New York City Council Speaker Julie Menin announced an investigation on Wednesday into the marketing and advertising practices of four prediction market platforms operating in New York City: Polymarket, Kalshi, Coinbase, and Gemini Titan.

The New York City Council said Wednesday that it is investigating four prediction markets over allegations that the companies engage in deceptive marketing.