Fed Contracts Show Repeated Cross-Platform Pricing Gaps Kalshi and Polymarket have repeatedly priced the same Federal Reserve and political outcomes far enough apart to create apparent cross-platform arbitrage opportunities, highlighting…
The Commodity Futures Trading Commission has ordered former White House teleprompter operator Gabriel Perez to surrender more than $107,000 in trading profits and pay a $65,000 penalty after finding that…
Kalshi has suffered one of its most significant legal setbacks yet after a federal appeals court rejected the prediction market operator’s attempt to prevent Nevada from applying state gambling laws…
Prediction market operator Kalshi has raised about $1.12 billion through an equity offering that began in April, a new securities filing shows, adding another piece to a rapid fundraising cycle…
Federal-State Fight Over Prediction Markets Escalates as CFTC Orders Kalshi to Honor Michigan Trades The legal battle over prediction markets in the United States entered a new phase after the…
Wisconsin Department of Justice has filed lawsuits against a group of fintech and crypto platforms, accusing them of facilitating illegal sports betting through the offering of so-called “event contracts,” according…
The ruling didn’t settle the fight. It just moved it to a bigger stage. This week, Kalshi picked up a key win at the United States Court of Appeals for…
Prediction markets like to say they’re not casinos. They’re exchanges. Information markets. Probabilities with price discovery. This week, Kalshi tried to prove it — not with a marketing campaign, but…