Archives

August 11, 2026 @ 9:06 am By Omar Faridi  |  

Flight-tracking company FlightAware has filed a lawsuit against prediction-markets operator Kalshi, alleging the platform improperly leveraged its proprietary information and brand to support wagering on flight cancellations. The complaint, submitted August 10, 2026, in the US District Court for the Southern District of New York… Read More

August 2, 2026 @ 9:32 pm By Omar Faridi  |  

Former US Representative George Santos has agreed to pay more than $35,000 to resolve allegations by the Commodity Futures Trading Commission (CFTC) that he engaged in manipulative trading on the prediction market platform Kalshi. The case centered on event contracts concerning whether he would attend… Read More

July 31, 2026 @ 6:33 am By Omar Faridi  |  

New York regulatory authorities have taken legal action against the prediction markets operator Kalshi, accusing it of running an unlicensed gambling business within the state. On July 31, 2026, Governor Kathy Hochul and Attorney General Letitia James announced that the state filed a petition against… Read More

July 28, 2026 @ 7:51 am By Omar Faridi  |  

A federal judge has issued a preliminary injunction that blocks Minnesota from enforcing its newly enacted prohibition on prediction markets, delivering a major win to platforms including Polymarket and Kalshi just days before the measure was set to take effect.U.S. District Judge Katherine Menendez of… Read More

July 21, 2026 @ 5:08 pm By Omar Faridi  |  

A Washington court has temporarily blocked Kalshi from offering sports-related contracts to users in the state. The decision, handed down on July 21, 2026, by King County Superior Court Judge John McHale, concludes that the platform’s sports event products likely constitute unlicensed gambling under Washington… Read More

July 14, 2026 @ 9:45 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) negated a Michigan court order that canceled trades on Kalshi. According to a statement by the CFTC, it exercised its authority to order Kalshi to fulfill open trades. CFTC Chairman Michael Selig said a state cannot force a Designated… Read More

July 8, 2026 @ 3:31 pm By Omar Faridi  |  

A federal judge in Manhattan has denied prediction market operator Kalshi’s effort to stop New York from enforcing its gambling laws against the platform’s sports-related offerings. The July 7, 2026 ruling by US District Judge Analisa Torres clears the way for state regulators to proceed… Read More

July 1, 2026 @ 1:49 pm By JD Alois  |  

Meta (NASDAQ:META) was in talks with Kalshi about a potential acquisition prior to its decision to launch its own prediction market. According to reports, Meta CEO Mark Zuckerberg met with Kalshi CEO Tarek Mansour in 2025. While the details remain unclear, the discussion fell apart… Read More

June 25, 2026 @ 3:14 pm By JD Alois  |  

The Coalition for Prediction Markets, a group that represents Kalshi, crypto.com, and several other platforms, has submitted an Amicus Brief in support of the lawsuit (KalshiEX LLC v. Schuler et al.) targeting Kalshi and its preference for the Commodity Futures Trading Commission to hold regulatory… Read More

June 21, 2026 @ 6:38 pm By Omar Faridi  |  

Prediction market platform Kalshi has entered informal discussions with investment banks about a potential initial public offering, according to a new report. The conversations remain preliminary, with any listing likely still more than a year away. The development comes alongside strong evidence of accelerating business… Read More

June 18, 2026 @ 7:00 pm By Omar Faridi  |  

StarCompliance has teamed up with Kalshi to roll out what is described as the industry’s comprehensive, enterprise-level compliance platform tailored specifically for global prediction markets. Announced on June 17, 2026, the collaboration aims to help financial institutions better manage emerging risks associated with employee involvement… Read More

June 15, 2026 @ 6:41 am By Omar Faridi  |  

Former US Securities and Exchange Commission (SEC) Chairman Gary Gensler has taken a strong stance against expansive federal authority in the realm of sports betting. In an amicus curiae brief submitted to the U.S. Court of Appeals for the Sixth Circuit, Gensler argues that the… Read More

June 1, 2026 @ 4:20 pm By JD Alois  |  

Prediction market Kalshi has created an “American Power Index” that is designed to be an Index like the S&P 500 for the political ecosystem. Kalshi allows betting on events on just about anything. The political index is an interesting extrapolation of the platform’s services that… Read More

May 29, 2026 @ 4:46 pm By JD Alois  |  

Coinbase (NASDAQ:COIN) and Kalshi have been approved to offer perpetual crypto futures trading. In a series of updates, the Commodity Futures Trading Commission (CFTC) announced that “certain crypto asset perpetuals” will be allowed via a no-action letter. Coinbase Financial Markets (CFM), a subsidiary of Coinbase,… Read More

May 26, 2026 @ 5:53 pm By JD Alois  |  

President Donald Trump has posted on Truth Social that the Commodity Futures Trading Commission (CFTC) must maintain federal authority over prediction markets. In recent months, multiple states have challenged federal authority over platforms like Polymarket and Kalshi, arguing that federal oversight encroaches on state jurisdiction. The CFTC has gone so… Read More

May 8, 2026 @ 11:50 am By Omar Faridi  |  

Prediction markets are experiencing steady growth, and Kalshi, a U.S.-based platform for event contracts, has become the latest emblem of this momentum. The company recently closed a $1 billion Series F funding round led by Coatue Management, with participation from heavyweights including Sequoia Capital, Andreessen… Read More

May 5, 2026 @ 9:00 am By JD Alois  |  

Prediction market platform Kalshi has partnered with Mesh to enable crypto payouts and deposits, according to a company statement. Mesh is expected to enable Kalshi to connect with over 300 wallets and exchanges, including Coinbase, Binance, MetaMask, and others. The partnership is being described as… Read More

April 25, 2026 @ 4:37 pm By Omar Faridi  |  

Brazilian authorities have blocked access to leading prediction market platforms, including Kalshi and Polymarket. The move forms part of a larger enforcement effort targeting unlicensed betting-style services, with officials emphasizing the need to shield everyday investors from unregulated risks. Finance Minister Dario Durigan announced the… Read More

April 23, 2026 @ 8:33 am By Omar Faridi  |  

Prediction market platform Kalshi has taken decisive steps to combat potential insider trading, imposing fines and suspensions on three congressional candidates who placed bets on the outcomes of their own election campaigns. The actions, announced on April 22, 2026, underscore the company’s commitment to tightening… Read More

April 15, 2026 @ 3:37 pm By Omar Faridi  |  

Ohio’s gambling oversight agency has formally notified prediction market leader Kalshi of its intent to impose a $5 million fine, marking a sharp escalation in the state’s crackdown on unlicensed sports-related trading. The Ohio Casino Control Commission (OCCC) issued the notice Tuesday afternoon to KalshiEX… Read More