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

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

The state of Nevada has called for Kalshi to offer up all of its communications about event contracts with the Commodity Futures Trading Commission (CFTC), the federal government and CFTC chair ...

A federal judge said Wednesday that he expects to rule by Labor Day on the Trump administration’s unprecedented lawsuit ...

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

Kalshi’s two-win streak ended with a preliminary loss in its lawsuit against Maryland gaming regulators—a shift from prior federal district ...

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

Kalshi has appealed its legal defeat in Maryland, and the appellate case isalready scheduled in the US Court of Appeals for ...

She’s concerned about potential conflicts the KalshiEx LLC board member would have regulating commodities markets.

Because prediction markets are more similar to trading exchanges, they fall under the purview of the Commodities Futures Trading Commission (CFTC), rather than state-based gaming regulators. That has ...

Shortly after receiving the first adverse ruling in any of the current high-profile matters being litigated against state ...

The landscape of American prediction markets faces fresh uncertainty following a Maryland federal court’s rejection of Kalshi ...