A federal judge in Nevada recently granted a preliminary injunction to Kalshi, which operates a derivatives exchange and prediction market and which some states believe is subject to sports betting ...

The National Basketball Association sent a letter to the Commodity Futures Trading Commission (CFTC) last week outlining its ...

Kalshi and Robinhood were handed cease-and-desists in New Jersey over their March Madness sports predictions. The outcome could change gambling.

The Nevada Gaming Control Board (NGCB) is pushing back against Kalshi’s legal challenge, leaning on the Tenth Amendment and the Supreme Court’s Murphy v. NCAA decision to make its case.

It looks like the sports betting-like show can go on for Kalshi in the Silver State – at least for now. On Tuesday, a judge for the U.S. District Court for the District of Nevada partially ...

However, he points out that Nevada's actions against Kalshi could inadvertently raise serious questions about the legitimacy of Nevada's own gambling markets. By categorizing Kalshi's federally ...

A federal judge has handed prediction market Kalshi a partial win in its legal fight with Nevada. It’s not a total victory though, as the bigger legal showdown is ongoing. The lawsuit is about ...

A New Jersey federal judge on Wednesday granted Kalshi a preliminary injunction that halts the New Jersey Division of Gaming ...

Last week, prediction market startup Kalshi sued New Jersey and Nevada after they tried to shut down its recently launched sports trading operation. In the lawsuit, Kalshi claimed that ...

That question has pitted several states against Kalshi, and it appears the financial exchange and prediction market have at least won the first round. After suing Nevada and New Jersey ...

However, he points out that Nevada's actions against Kalshi could inadvertently raise serious questions about the legitimacy of Nevada's own gambling markets.