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

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 ...

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

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 told KalshiEX LLC it could face prosecution if doesn’t stop offering “event-based contracts” in Nevada by Friday.

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

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

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

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

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

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 ...