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Kalshi
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Prediction market roundup: NFL pans CFTC integrity draft, NY seeks $36B in damages against Kalshi
The NFL joined several leagues in urging the CFTC to establish minimum age standards for sports-event trading, while New York took Kalshi to court in a hectic week.
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Nova York processa Kalshi por operação ilegal de apostas sem licença
Ação acusa plataforma de mercados de previsão de expor moradores, incluindo menores, a riscos financeiros e ignorar leis estaduais de jogos de azar The post Nova York processa Kalshi por operação ilegal de apostas sem licença appeared first on BNLData.
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World Series Odds on Kalshi: Dodgers Favored to Repeat as Champions, but Brewers Offer Value
The Los Angeles Dodgers are favored to repeat as World Series champions based on the odds at Kalshi. As of publication, the Dodgers are listed at +179 odds, with a 35.8% chance of winning it all. World Series Odds on Kalshi Check out the odds on MLB’s top-10 teams to win the 2026 World Series […] The post World Series…
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Prediction Markets Weekly Roundup: Courts Split, New York Sues Kalshi, IG Buys Underdog
Conflicting court rulings and a major acquisition underscored both the legal uncertainty and commercial momentum surrounding prediction markets. Prediction markets saw another eventful week as courts issued conflicting rulings on federal preemption, New York launched a lawsuit against Kalshi, and IG Group agreed to ac…
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Nueva York demanda a Kalshi y califica a los mercados de predicción como “juego ilegal”
La fiscal general de Nueva York, Letitia James, presentó una demanda contra Kalshi, una de las plataformas de mercados de predicción más grandes del mundo, acusándola de operar un negocio […]
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NCAA investigates University of Tennessee student worker over Kalshi sports contract
The incident comes as the NCAA continues urging federal regulators to prohibit event contracts linked to college sports. U.S.- The National Collegiate Athletic Association (NCAA) has opened an investigation into a student worker at the University of Tennessee (UT) after he placed a sports-related contract on Kalshi. T…
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Kalshi’s Market on Brad Pitt’s Attendance at World Cup Final Causes Controversy
Kalshi has finally settled its market on Brad Pitt attending the World Cup final. Yet many are not happy. Reports of Pitt being at the game are limited, and no photos have emerged showing he was in attendance. The market took some time to resolve after the final on July 19. During this time, the […] The post Kalshi’s …
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New York seeks $36bn in damages from Kalshi and block on prediction market
Attorney General Letitia James alleges the platform has been operating as an unlicensed gambling business. US.- New York has filed a lawsuit against Kalshi seeking at least $36bn in damages and a temporary restraining order to halt the company’s prediction market operations. Attorney General Letitia James alleges the …
Read summary →New York Sues Kalshi in State Court, Seeks to Shut Down Alleged Illegal Gambling Operation
The state wants to stop the prediction market platform from operating within its borders, recover allegedly illegal gains and obtain restitution for consumers. New York Attorney General Letitia James has filed suit against Kalshi, claiming the prediction market operator is running an illegal, unlicensed gambling busin…
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New York AG Targets Kalshi, Argues Company Offers Gambling Products
Kalshi finds itself in a bind in New York with the Empire State attorney general, Letitia James, filing a lawsuit against the prediction market platform after the platform failed to obtain the necessary, according to the AG’s office, permit from the New York State Gaming Commission to operate legally in the state. Kal…
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New York Sues Kalshi for $36B, CFTC Defends Company With Restraining Order
New York‘s Governor and Attorney General have filed a lawsuit against Kalshi, seeking $36 billion in damages. The Commodity Futures Trading Commission (CFTC) is defending the company, filing its own motion for a temporary restraining order to prevent New York’s enforcement action. New York’s lawsuit comes swiftly afte…
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New York Sues Kalshi as Battle Over Prediction Markets Escalates
New York has intensified its campaign against prediction markets, taking legal action against Kalshi and arguing that the federally regulated platform is operating an illegal gambling business inside the state. The lawsuit, filed by Attorney General Letitia James in a Manhattan state court, accuses Kalshi of offering …
Read summary →Two Sixth Circuit Judges Challenge Kalshi on Its Federal Preemption Theory
No decision has issued. The court’s public docket records the consolidated-for-submission cases as argued, not decided. Questions at oral argument… The post Two Sixth Circuit Judges Challenge Kalshi on Its Federal Preemption Theory appeared first on iGaming Express.
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New York Sues Kalshi: “We Taking Action to Stop This Illegal Behavior”
New York has filed a state-court enforcement case against KalshiEX LLC, asking a Manhattan judge to stop the prediction-market operator from running… The post New York Sues Kalshi: “We Taking Action to Stop This Illegal Behavior” appeared first on iGaming Express.
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NCAA Flags Tennessee Student Worker for Betting Violations
The National Collegiate Athletic Association (NCAA) has uncovered a potential gambling-related violation by a student worker at the University of Tennessee (UT). The person reportedly placed a single sports-related bet on the prediction platform Kalshi, triggering the investigation. This action aligns with the NCAA’s …
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Prediction Markets Lose Big in New York & Wisconsin Rulings
Prediction markets suffered legal setbacks in two rulings this week as judges in Wisconsin and New York sided against the CFTC and Kalshi. In New York, the Second Circuit denied Kalshi’s emergency motion for an injunction to prevent state authorities from enforcing gambling laws against the company. It has now referre…
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Kalshi Wins Minnesota Injunction but Loses New York Emergency Bid
Minnesota Order Protects CFTC Exchanges Minnesota’s new statute was due to take effect on August 1 and imposed criminal penalties… The post Kalshi Wins Minnesota Injunction but Loses New York Emergency Bid appeared first on iGaming Express.
Read summary →Appeals Court Judge Denies Kalshi an Injunction as New York Deadline Looms
New York officials could take action on or after Thursday A federal appeals court judge on Wednesday evening denied Kalshi’s motion for an injunction that would prevent New York state officials from taking action against the prediction market as it sues the state over an order to stop offering derivative contracts on …
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Kalshi ameaça processar a Netflix por causa de novo documentário sobre mercados de previsão
Segundo relatos, Kalshi ameaçou processar a gigante do streaming mesmo antes do lançamento do documentário, enviando uma notificação extrajudicial à Netflix The post Kalshi ameaça processar a Netflix por causa de novo documentário sobre mercados de previsão appeared first on BNLData.
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Fanatics Lead RG Criticizes Kalshi and Polymarket, Likens Them to Unlicensed Gambling
Prediction markets companies, such as Kalshi and Polymarket, have been criticized for a long time by various regulators, jurisdictions, and non-profit organizations alike. However, it seems that even other companies are after the prediction markets giants, as Anthony D’Angelo, head of responsible gaming at Fanatics Be…
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College Football National Championship Odds at Kalshi: Notre Dame Favored to Win ‘Natty’
Notre Dame is Kalshi’s betting favorite to win the 2027 College Football National Championship. As of publication, the Fighting Irish are a +733 favorite with an implied probability of 13%. Head coach Marcus Freeman‘s team was snubbed, failing to be selected for the College Football Playoff last season. NCAA Football …
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Minnesota Could Still Enforce Sports Betting Laws on Kalshi & Polymarket, Says Gaming Lawyer
A judge in Minnesota blocked the state from enforcing new laws against prediction markets, but the ruling could still lead to enforcement action against sports event contracts. Initially, it appeared that Judge Katherine Menendez had favored Kalshi, Polymarket, and the CFTC’s argument that the Commodity Exchange Act (…
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Trump Teleprompter Operator Leaves White House Amid Kalshi Insider Trading Investigation
The White House employee allegedly used insider knowledge of President Donald Trump’s speeches to profit over $100,000 on Kalshi. Gabriel Perez, the White House teleprompter operator who allegedly used inside information of President Donald Trump’s speeches to profit on Kalshi, no longer works for the federal governme…
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Kalshi threatens legal action against Netflix documentary on prediction markets
Dispute over alleged false claims
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Fanatics’ head of RG likens Kalshi, Polymarket to black market operators
Anthony D’Angelo, head of RG at Fanatics Betting and Gaming, called out prediction markets during a panel on sports betting addiction. The post Fanatics’ head of RG likens Kalshi, Polymarket to black market operators appeared first on NEXT.io.
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Why 83% × 44% = 44% in Kalshi's Midterm Markets
Kalshi’s midterm markets offer a useful lesson in correlation, and in why an apparent pricing inconsistency is not automatically an arbitrage opportunity. On July 24, Kalshi traders gave Democrats an 83% chance of winning the House and a 44%...
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Nevada Gaming Control Board Orders Kalshi to Fully Complete its Nevada Geofencing Rollout by August 12, 2026
The Nevada Gaming Control Board (NGCB) has reached an agreement with Kalshi requiring the prediction market operator to… The post Nevada Gaming Control Board Orders Kalshi to Fully Complete its Nevada Geofencing Rollout by August 12, 2026 appeared first on Americas iGaming & Sports Betting News.
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Judge Halts Minnesota’s Prediction Market Ban, Giving Kalshi and Polymarket Temporary Win
A federal judge has stopped Minnesota from enforcing SF 3432, the first state law aimed at criminalizing prediction markets. The ruling, issued Monday, grants Kalshi, Polymarket, and the Commodity Futures Trading Commission a preliminary injunction just days before the statute was set to take effect. U.S. District Jud…
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NEXTPredict uses prediction market to hedge conference risk
NEXTPredict has executed what it says is the first use of a prediction market to hedge the financial risk of a major conference, securing up to $3m in coverage for its World Prediction Markets Summit in New York this October. The hedge was placed through Kalshi’s recently launched flight cancellation market, with Susq…
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U.S. federal judge halts Minnesota law banning prediction markets
Ruling lets Kalshi, Polymarket keep operating
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Kalshi threatens Netflix over prediction markets documentary trailer
The operator claims the Instadocs: The Prediction Games trailer is defamatory. US.- Kalshi has sent Netflix a cease-and-desist letter demanding the immediate removal of the trailer for the documentary Instadocs: The Prediction Games. It claims that the video is defamatory and contains fabricated documents along with f…
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Kalshi loses second injunction bid in New York court
On July 27, 2026, a federal court in New York denied Kalshi’s emergency injunction bid against state officials, which aimed to block regulators from applying state gambling laws on federally regulated prediction markets. The ruling comes just weeks after New York denied a preliminary injunction for Kalshi on July 7, 2…
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“False and Misleading”: Kalshi Threatens to Sue Netflix Over Documentary
On July 26, Netflix released a new documentary on prediction markets exploring the fast-growing world of prediction markets. The documentary features interviews with several prominent figures in the industry, including Kalshi chief executive officer Tarek Mansour, Polymarket chief executive officer Shayne Coplan, and …
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Netflix’s prediction markets series causes industry criticism
On July 26, 2026, Netflix presented its newest documentary covering prediction markets, called “Instadocs: The Prediction Games,” after which the streaming company received industry criticism from operators like Kalshi, claiming that the series contained fabricated and defamatory content. According to Netflix, the doc…
Read summary →New York Federal Judge Denies Kalshi an Injunction for Second Time This Month
Ruling comes hours after a Minnesota federal judge agreed to block temporarily a state law banning prediction markets A federal judge in Manhattan on Monday denied Kalshi’s request for an emergency injunction in its case against New York state officials, which would have prevented state gaming regulators from taking a…
Read summary →Kalshi must geofence Nevada or face $120,000 daily penalty
The Nevada Gaming Control Board has reached an agreement requiring the prediction market operator to implement a multi-source geofencing solution. US.- The Nevada Gaming Control Board has reached an agreement requiring the prediction market operator Kalshi to implement a multi-source geofencing solution by August 12, …
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Kalshi ordered to complete Nevada geofencing rollout by Aug. 12 or face fines
$120,000 daily penalty could be imposed
Read summary →Kalshi Agrees To Use Geofence To Block Sports Contracts In Nevada
Kalshi is set to stop offering contracts in Nevada. The Nevada Gaming Control Board announced last week it reached an agreement with Kalshi for the prediction markets operator to stop offering... The post Kalshi Agrees To Use Geofence To Block Sports Contracts In Nevada appeared first on Legal Sports Report.
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Kalshi Demands Netflix Remove ‘Misleading’ Prediction Market Doc Trailer
Kalshi has told Netflix to take down the trailer for Instadocs: The Prediction Games, accusing the streaming giant of faking a scene to make it look like trades were happening on its site despite a Nevada court order. In a cease‑and‑desist letter dated July 24 and sent to Netflix’s Director & Senior Counsel for Intell…
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Netflix & Kalshi Clash Over Prediction Markets Documentary Showing Illegal Nevada Wagers
Netflix premiered its prediction markets documentary on Sunday, but Kalshi has taken exception to the filmmakers appearing to show wagers placed on the platform in violation of a Nevada court order. At the same time, the company admitted to violating the court order on at least eight occasions. Netflix promoted the do…
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Kalshi exige a Netflix que retire el tráiler del documental “Prediction Games”
Kalshi envió el viernes a Netflix una carta de cese y desistimiento exigiendo que la plataforma retire el tráiler de un próximo documental. En la carta, la plataforma de mercados […]
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Nevada Sets Aug. 12 Cutoff for Kalshi, With $120,000‑a‑Day Penalty Planned
The Nevada Gaming Control Board announced on Friday that it has reached a binding agreement with Kalshi to shut down all sports, election, and entertainment prediction contracts in the state. The Board says the company must fully block Nevada users by August 12, 2026, or begin paying a $120,000‑per‑day penalty until t…
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Yes to Prediction Market Regulation, No to Ban: PA Could Take Middle Ground
Pennsylvania lawmakers have decided to take a different approach to the constantly growing debate over prediction markets, choosing regulation instead of outright bans. Representative Tarik Khan introduced House Bill 2711 last week, proposing a legal framework for companies such as Kalshi and Polymarket that offer con…
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Kalshi Agrees to Exit Nevada or Pay Massive $120 K Daily Fine
Kalshi can no longer offer sports, election, and entertainment prediction contracts to the people of Nevada, US, according to a recent agreement secured by gaming regulators. Should the company fail to comply, it risks paying a hefty daily fine. Months of Disputes The decision comes after long months of legal disputes…
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Kalshi to stop accepting Nevada wagers by Aug. 12 or risk $120,000-a-day penalty
The Nevada Gaming Control Board announced late Friday that it reached an agreement with Kalshi to stop what regulators called the prediction market operator’s continued unlawful operation in Nevada by Aug. 12 or risk a fine of $120,000 per day. On May 18, the First Judicial District Court in Nevada entered a prelimina…
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Kalshi Agrees to Use Third-Party Vendor to Keep Sports Markets Out of Nevada
Nevada Gaming Control Board gives Kalshi until Aug. 12 to implement GeoComply solution Prediction market operator Kalshi has reached a deal with Nevada, agreeing to use a third-party geofencing provider to keep people in the Silver State from trading contracts on elections, entertainment, or sporting events. Under the…
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Mesmo com sucesso na Copa 2026, mercados preditivos perdem no jogo da regulação brasileira; entenda
Plataformas como Kalshi e Polymarket no centro do debate regulatório internacional depois do evento esportivo mais esperado do ano The post Mesmo com sucesso na Copa 2026, mercados preditivos perdem no jogo da regulação brasileira; entenda appeared first on BNLData.
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“Fabricated Documents and Misleading Statements”: Kalshi Demands Netflix Pull Trailer for Prediction Markets Documentary
What Kalshi Demands The new documentary, part of the “Instadocs” series, debuts on Netflix this Sunday but the 56-second trailer… The post “Fabricated Documents and Misleading Statements”: Kalshi Demands Netflix Pull Trailer for Prediction Markets Documentary appeared first on iGaming Express.
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Kalshi Launches Midterms Hub as Prediction Markets Challenge Polls
Kalshi launched a new Midterms Hub on Wednesday that brings its political prediction markets, polling averages, fundraising data, historical results and election news together in one place. The hub includes interactive maps covering House...
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Kalshi’s NBA Title Odds on 76ers Tighten After LeBron James Signs With Philadelphia
LeBron James is headed to Philadelphia after signing a two-year deal with the 76ers, and the team surged up the 2027 NBA Champion odds board at Kalshi. The 76ers are trading at +733 (12% implied probability) as of publication after starting the day at +1567 (6%). Upon the news of LeBron’s new deal around midday […] Th…
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Kalshi Seeks Emergency Injunction to Block New York Gambling Law Enforcement
Kalshi has asked the Second Circuit for an emergency injunction to stop New York from enforcing its gambling laws against the company. The request comes as the Attorney General agreed only to pause enforcement until July 30, leaving Kalshi exposed once that deadline passes. The company wants the appeals court to act q…
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Hot Copy: Boys will be boys
'Bad blood' between Kalshi and Polymarket, World Cup integrity, and Trump's latest money spinner all hit headlines this week. The post Hot Copy: Boys will be boys appeared first on NEXT.io.
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Kalshi Accused of Using Child Protection Bill to Push Gaming Contracts
Last week, lawmakers introduced the Facial Recognition to Protect Children Act alongside Kalshi CEO Tarek Mansour. While promoting the legislation as a way to protect children, accusations have surfaced that the bill could allow prediction markets to expand further into sports and gaming. Congressman Josh Gottheimer i…
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Kalshi dobra projeção e movimenta US$ 27 bi na Copa 2026
Plataforma de apostas superou expectativas de volume e usuários, mesmo enfrentando litígios regulatórios nos EUA The post Kalshi dobra projeção e movimenta US$ 27 bi na Copa 2026 appeared first on BNLData.
Read summary →Crypto.com’s OG sues Washington state after Kalshi injunction
OG is the second CFTC-registered prediction market operator to sue Washington over the threat of enforcement over alleged illegal betting. US.- North American Derivatives Exchange, the Crypto.com subsidiary that operates the OG prediction market platform, has filed a federal lawsuit against Washington’s attorney gener…
Read summary →Crypto.com’s OG prediction market sues Washington
Crypto.com’s prediction market platform OG has filed a federal lawsuit against the Attorney General of Washington and the Washington State Gambling Commission (WSGC), asking the court to grant declaratory and injunctive relief. Filed on July 22, 2026, just 2 days after a Washington court ruled Kalshi’s operations as i…
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Crypto.com’s OG Takes Washington to Court After Kalshi Ruling
Crypto.com’s event contract platform OG has filed suit in federal court against Washington’s Attorney General and members of the state’s Gambling Commission. The company is asking for declaratory and injunctive relief, claiming Washington has no authority to regulate its federally approved event contracts. The move co…
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Crypto.com’s OG Sues Washington After Kalshi Injunction
The prediction market operators filed a preemptive federal lawsuit days after Washington secured a preliminary injunction against Kalshi. Crypto.com’s prediction market platform, OG, has sued the State of Washington in federal court. The operator seeks to block the state from taking an enforcement action after a Washi…
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Kalshi targets Midterm Election growth after record World Cup trading surge
Prediction market operator Kalshi has unveiled a dedicated hub for the 2026 US midterm elections, aiming to convert the momentum generated by this summer’s FIFA World Cup into sustained growth across political event markets. The new Midterms Hub combines live prediction market prices with polling data, fundraising fig…
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Prediction markets US iGaming 2026 — Kalshi, Polymarket and the threat to sportsbooks
Kalshi and Polymarket turned the 2026 World Cup into a stress test for a new category boldly competing with the entire sportsbook and casino brand market. By that point, Kalshi was already offering sports contracts to US users, while Polymarket had resumed operating in the US market shortly before the tournament, foll…
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