Court rules Kalshi sports bets aren't "swaps," just gambling with a different name
Kalshi can't evade Nevada gambling laws by calling bets "swaps," judges rule.
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Kalshi can't evade Nevada gambling laws by calling bets "swaps," judges rule.
Have we tried turning off society and turning it back on again?
From threats to the safety of poll workers to voters who can’t distinguish between odds and results, prediction markets are already scrambling the political process.
Kalshi ordered to stop offering bets in Washington, must implement geofencing.
Jacob Fortinsky, the CEO and cofounder of the new prediction market Novig, says his outfit isn’t like those other markets. You know the ones.
Trump admin claims New York suing Kalshi created "market emergency."
FlightAware says that Kalshi used its name and data to offer bets on flight cancellations without the flight tracker's permission.
Fire experts warn such markets could incentivize arson.
Judge may allow Minnesota to ban some types of bets, but not all of them.
The prediction market’s Panamanian operation seems odd, even for a company whose CEO had his apartment raided by FBI agents.
If only someone could have predicted it.
One of Kalshi’s most prominent traders tells WIRED he’s swearing off Spotify-related markets until the issue is resolved.
"Winning" bets were made on cloned website and would have lost money, WSJ finds.
Getting the future right is now big business. But at a festival in Berkeley, forecasters worry that sports markets could take the whole industry down.
It’s the first estimate of how many Americans are sneaking onto Polymarket’s banned crypto-based platform.
Social media posts questioning the integrity of LA’s mayoral election were labeled “paid partnerships.” Then Kalshi and Polymarket told creators to delete them.
FBI: Googler who knew outcome of bets in advance made $1.2M profit on Polymarket.
According to federal prosecutors, Michele Spagnuolo made more than $1 million on the prediction market platform using confidential information about Google Search traffic.