Kalshi drops Maryland injunction bid after deal halts enforcement until the Fourth Circuit decides its appeal over sports event contracts.

A federal judge declined to stop Maryland’s gambling regulator from requiring that Kalshi obtain a sports gambling license.

A federal judge in Maryland on Friday ruled against the prediction market operator Kalshi on whether states can use sports ...

Kalshi has proposed new rules around erroneous trades, requiring a $10,000 fee to review potentially incorrect trades, and clarifying that generally “trader error” is not grounds to cancel a trade, ...

Kalshi and its pursuit of nationwide trading on the outcome of sporting events hit a significant roadblock in Maryland.

Nev., for a town hall this week bemoaned a tax change included in President Donald Trump’s One Big Beautiful Bill, saying it ...

Kalshi is currently offering a number of college football prediction markets ranging from conference champions to individual ...

According to the filing, the state has opted not to enforce “the relevant Maryland laws against Kalshi” until the Fourth ...

Users on prediction market Kalshi are increasing their chances that Jefferies Chief Market Strategist David Zervos will become the next Federal Reserve Chair.

Kalshi has updated its APY program so that traders earn interest on both theiropen positions and the uninvested cash sitting in their accounts. The changereduces “cash drag” for market makers and ...

Kalshi allows users to buy and sell contracts, most of which are priced between 1 cent and $1, based on how likely people think an outcome is. Traders buy “yes” or “no” positions, and then when the ...

Kalshi announced this week that Sara Slane, former senior vice president of public affairs at the American Gaming Association, has joined the company as head of corporate development.