Nevada has just become the first state in the US to challenge the rapid rise of sports-based “event contracts” offered by ...

Prediction market operator Kalshi has asked for more time to respond to a cease-and-desist order from the Nevada Gaming Control Board. The board earlier this month accused the company of offering ...

Prediction markets are expanding into sports after successfully forecasting the presidential election, but that may not be a ...

Robinhood is expanding its presence in the sports prediction market through a new partnership with the Kalshi exchange, ...

The Nevada Gaming Control Board (NGCB) has issued a cease-and-desist order to Kalshi, requiring the company to cease all unlawful activity by 14 March 2025. Event-based contracts, crypto ...

New York-based KalshiEX LLC, which offers “event-based contracts” that resemble sports bets, is getting a deadline extension ...

State-level restrictions on college sports betting are becoming more and more irrelevant because of new forms of gambling.

The Nevada Gaming Control Board has ordered Kalshi to stop offering its event prediction markets, deeming it unlicensed ...

Kalshi, which describes itself as “a regulated exchange & prediction market where you can trade on the outcome of real-world events” has been issued a Cease and Desist Letter by the State of Nevada’s ...

The Nevada Gaming Control Board on March 4 issued a cease-and-desist letter to KalshiEX LLC, doing business as Kalshi and Kalshi.com, which offers a platform where users can trade on the outcome ...

Robinhood and Kalshi are launching a March Madness prediction market amid growing discussion regarding such markets' legality ...

Robinhood has launched a new prediction markets hub that allows customers to trade on the outcomes of some of the world’s biggest events ...