New York on Friday sued Kalshi, accusing the federally regulated prediction market operator of running an illegal gambling business in the Empire State in the latest legal challenge to one of the ...

Polymarket’s every move is under close scrutiny these days as the prediction market giant fights dozens of legal battles ...

Members of Nevada’s congressional delegation are placing a new bet of their own: that Congress can shut down what they call a federal loophole that allows sports betting to masquerade as Wall ...

Kalshi, along with groups representing the casino and gaming and online sports betting industries, all are increasing lobbying spending, financial disclosures released this week show. In the first ...

Kalshi recently announced that it will offer gambling opportunities to bet on whether the FDA will approve individual drugs ...

A King County Superior Court judge has granted a preliminary injunction in Washington’s case against Kalshi, ruling Monday that the popular “prediction market” likely violates state gambling laws.

Commentary by Ryan Urie ...

Will Kalshi and other prediction markets shut down — or be shut down — in Utah after the Beehive State’s victory in federal ...

The World Cup has been a sports betting bonanza for Kalshi. Since the soccer tournament started, the company has set new trading records, taking in around $40 billion in sports wagers, according to ...

Aug. 9 marks the 52nd anniversary of the resignation of Richard Nixon, the longest span in American history when an unexpected change in the presidency has not occurred.

Kalshi retained most of the profits, which were more than $90,000, from the trades made on public statements by President Trump.

Donald Trump Jr. is an executive vice president of the Trump Organization, where he serves as a trustee and manages the company’s real-estate and investment portfolio. He gained national recognition ...