Kalshi
Massachusetts judge poised to tell Kalshi to stop taking sports bets in state
The prediction market platform Kalshi will be preliminarily ordered by a superior court justice in Massachusetts to halt its online sports business there.
NCAA urges CFTC to pause college sports prediction markets
The group says contracts mirror sports betting but lack safeguards, warning transfer portal markets could pose “catastrophic” risks to student athletes.
Federal judge temporarily halts Tennessee's bid to shut down Kalshi sports contracts
A new ruling freezes a state cease-and-desist order while the court considers whether Kalshi’s CFTC-regulated platform is shielded from state gambling laws.
Tennessee orders Kalshi, Polymarket and Crypto.com to cease sports betting contracts
The firms, federally regulated by the CFTC, were told to shut down Tennessee-based activity, refund deposits, and void open contracts by Jan. 31.
Prediction markets beat Wall Street in forecasting inflation, Kalshi says
Kalshi's markets aggregate information from diverse traders with financial incentives, creating a "wisdom of the crowd" effect, the platform said.
Prediction Markets Are Quietly Turning Into a New Asset Class, Citizens Says
The bank said event markets are still tiny versus stocks but are rapidly expanding beyond sports into macro and policy risk.
Prediction Markets Are Coming to Phantom's 20M User Via Kalshi
Phantom users will be able to chat and trade Kalshi's prediction markets with any Solana-based tokens, CEO said.
Most Influential: Shayne Coplan
Once mired in legal trouble that included federal probes and law enforcement raids, Polymarket founder and CEO Shayne Coplan has emerged victorious this year, casting off the yoke of regulatory scrutiny and growing the prediction market he founded into a $9 billion betting empire.
Connecticut Orders Kalshi, Robinhood, Crypto.com to Cease Sports Betting
The state issued cease-and-desist orders to the firms to stop conducting "unlicensed online gambling" via their sports events contracts.
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