Financial technology company Kalshi says it will increase user guardrails on its platform amid concerns expressed by MLB and ...

New Jersey gambling regulators are accusing two "prediction markets" firms of taking illegal sports bets, and have ordered ...

The New Jersey Department of Gaming Enforcement demands both companies cease and desist from offering any form of sports wagering.

Kalshi today announced new responsible gambling-like tools as the exchange continues to blur the line between trading and ...

Through the first two rounds of the men’s NCAA tournament, Kalshi’s markets had taken in nearly $195 million by Monday ...

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

That likely played into why the Nevada Gaming Control Board sent Kalshi a cease-and-desist letter Tuesday, calling the company’s events-based contracts unlawful in the state. The American Gaming ...

New York City-based Kalshi has invited users to “Make $ on March Madness” using its nascent prediction market platform.

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 ...

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 ...

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 ...