The House Oversight Committee said on Friday that it is opening an investigation into Kalshi and Polymaket over alleged incidents of insider trading by users of the prediction markets. Rep. James ...

UPDATE: Jeff Probst has responded to Variety‘s reporting about reality TV spoilers on Kalshi and Polymarket, saying that prediction market platforms are “incentivizing people to lie, cheat and steal ...

PROVIDENCE, R.I. (WJAR) — Is it gambling? Dueling lawsuits filed in Rhode Island Thursday argue that debate over online prediction markets. Late Thursday afternoon, Rhode Island Attorney General Peter ...

The latest Kalshi promo code CBSSPORTS gives new users a $10 bonus after $10 in trades. On Sunday, Kalshi prices the Mets at $0.51 per share to beat the Yankees. In the NBA, Kalshi prices the Pistons ...

NEW MEXICO — Four New Mexico tribes are suing the online betting platform, Kalshi, over concerns about how people are using it. The Sandia, Isleta and Pojoaque Pueblos and the Mescalero Apache Tribe ...

Kalshi is asking a federal judge in Seattle to temporarily halt Washington state’s gambling lawsuit while the company pursues an appeal before the Ninth Circuit. In a motion filed May 8 in the U.S.

Maryland urged a federal court Thursday to allow it to block sports-event contracts offered by Kalshi, arguing the company’s prediction market products are effectively sports bets. At issue is ...

Prediction market startup Kalshi announced on Thursday a $1 billion Series F round, valuing the company at $22 billion. That’s double the $11 billion valuation Kalshi nabbed just five months ago after ...

Prediction market platform Kalshi said it raised $1 billion in fresh funding at a $22 billion valuation, as institutional investors increasingly turn to event contracts for trading and hedging. The ...

The platform for betting on sports, politics, the weather and more has raised $1 billion and sees big financial firms as a key source of growth. By Michael J. de la Merced Since the 2024 presidential ...

THE CAR AND RAN. BUT OFFICERS WERE ABLE TO ARREST HIM. MASSACHUSETTS TOP COURT IS SET TO WEIGH IN ON THE ISSUE OF PREDICTION MARKETS, AND WHETHER THEY CAN BE USED FOR SPORTING EVENTS. THE SUPREME ...

The Massachusetts Supreme Court appeared skeptical of Kalshi Inc.’s claim that its prediction markets don’t fall under state gambling laws because the company is instead providing financial ...