16 Oct04 Regulation
Polymarket seeks help against New York in prediction markets dispute
Polymarket’s request for help against New York and Kalshi’s potential tribal agreement concern prediction market operators.
Kalshi
Coverage since 17 August 2026. Open in the feed
Get it flagged in Friday’s five whenever it moves.
Companies
Regulators
Fines reported (distinct source figures, summed)
USD 645,175
Company dossier
Computed from The Weekly Edge graph and entries. No model-generated numbers.
Entries173
Last 30 days79
Markets4
Deals and partnerships34
Activity summary: Kalshi appears in 173 entries across 4 markets (mainly USA, Taiwan, Norway). By desk: Regulation 111, Deals & M&A 34, Enforcement & compliance 23, Licences & markets 3, People moves 2. Computed from our records only.
Licences by market (1)
Deals and partners (34)
- Investment from ARK Invest 2026-10-11 · entry
- Investment from DICE ETF 2026-09-11 · entry
- Partner: Signify Group 2026-10-15 · entry
- Partner: IC360 2026-10-15 · entry
- Partner: Alabama-Quassarte Tribal Town 2026-10-12 · entry
- Partner: Alabama-Quassarte Tribal Town 2026-10-10 · entry
- Partner: Greenville Rancheria 2026-10-10 · entry
- Partner: Kletsel Dehe Wintun Nation 2026-10-10 · entry
- Partner: Alturas Indian Rancheria 2026-10-10 · entry
- Partner: Tunica-Biloxi Tribe 2026-10-10 · entry
Suppliers and customers (4)
- Customer: Alabama-Quassarte Tribal Town 2026-10-09 · entry
- Customer: Greenville Rancheria 2026-10-09 · entry
- Customer: Kletsel Dehe Wintun Nation 2026-10-09 · entry
- Customer: Alturas Indian Rancheria 2026-10-09 · entry
People moves (0)
None recorded.
Compliance record (35)
- Appeal: Kalshi Ohio appeal · entry
- Appeal: Kalshi Ohio enforcement challenge · entry
- Appeal: Kalshi Sixth Circuit appeal · entry
- Appeal: Kalshi Ohio injunction case · entry
- Appeal: Kalshi tribal gaming appeal · entry
- Appeal: Kalshi tribal preliminary-injunction case · entry
- Appeal: Kalshi Utah enforcement litigation · entry
- Appeal: Kalshi sports event contracts appeal · entry
- Appeal: Kalshi Utah gambling enforcement appeal · entry
- Appeal: Kalshi–Nevada sports contracts case · entry
Relationships
Typed links extracted from our entries: fines, licences, deals, tenders, appointments and partnerships.
Operates in (64)
- USA 2026-10-15 · entry
- USA 2026-10-15 · entry
- Illinois 2026-10-13 · entry
- Michigan 2026-10-13 · entry
- USA 2026-10-13 · entry
- USA 2026-10-12 · entry
- New Jersey 2026-10-11 · entry
- USA 2026-10-11 · entry
- USA 2026-10-10 · entry
- California 2026-10-10 · entry
- Oklahoma 2026-10-10 · entry
- California 2026-10-09 · entry
Partnered with (32)
- Signify Group 2026-10-15 · entry
- IC360 2026-10-15 · entry
- Alabama-Quassarte Tribal Town 2026-10-12 · entry
- Alabama-Quassarte Tribal Town 2026-10-10 · entry
- Greenville Rancheria 2026-10-10 · entry
- Kletsel Dehe Wintun Nation 2026-10-10 · entry
- Alturas Indian Rancheria 2026-10-10 · entry
- Tunica-Biloxi Tribe 2026-10-10 · entry
- Alabama-Quassarte Tribal Town 2026-10-09 · entry
- Greenville Rancheria 2026-10-09 · entry
- Kletsel Dehe Wintun Nation 2026-10-09 · entry
- Alturas Indian Rancheria 2026-10-09 · entry
Appealed (12)
- Kalshi Ohio appeal 2026-10-09 · entry
- Kalshi Ohio enforcement challenge 2026-10-05 · entry
- Kalshi Sixth Circuit appeal 2026-09-28 · entry
- Kalshi Ohio injunction case 2026-09-28 · entry
- Kalshi tribal gaming appeal 2026-09-25 · entry
- Kalshi tribal preliminary-injunction case 2026-09-23 · entry
- Kalshi Utah enforcement litigation 2026-09-09 · entry
- Kalshi sports event contracts appeal 2026-09-08 · entry
- Kalshi Utah gambling enforcement appeal 2026-09-08 · entry
- Kalshi–Nevada sports contracts case 2026-08-31 · entry
- Kalshi Connecticut enforcement challenge 2026-08-27 · entry
- Kalshi Connecticut court case 2026-08-17 · entry
Supplier to (4)
- Alabama-Quassarte Tribal Town 2026-10-09 · entry
- Greenville Rancheria 2026-10-09 · entry
- Kletsel Dehe Wintun Nation 2026-10-09 · entry
- Alturas Indian Rancheria 2026-10-09 · entry
Network
Kalshi and the entities it is linked to. Drag to explore; click a node to open its page.
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Timeline
Newest first, grouped by month.
October 2026
16 Oct04 Regulation
Taiwanese authorities restrict access to Coinbase and Kalshi websites over election betting
The access restrictions affect how prediction-market platforms can serve users in Taiwan amid enforcement over election-related betting.
16 Oct04 Regulation
Amici urge Supreme Court to review New Jersey’s dispute with Kalshi
The dispute concerns whether states can apply gambling rules to sports-event contracts offered by federally regulated exchanges.
16 Oct01 Deals & M&A
Kalshi introduces incremental payout contracts for selected NFL player markets
Kalshi’s expanded NFL offering gives traders partial payouts when selected player statistics fall below contract targets.
16 Oct04 Regulation
Bloomberg analysis finds roughly 98% loss rate for Kalshi and Polymarket longshot contracts
The findings bear on state challenges to Kalshi and Polymarket's position that their contracts fall exclusively under CFTC jurisdiction.
15 Oct04 Regulation
Kalshi CEO warns US court rulings could push prediction markets offshore
The outcome could determine whether prediction market operators can continue serving the US market under federal or state rules.
15 Oct04 Regulation
Nevada Gaming Control Board chair says no plan B if Supreme Court backs prediction markets
Nevada has no fallback plan if the Supreme Court sides with prediction market operators, leaving its stance uncertain.
15 Oct04 Regulation
Underdog sues Tennessee regulators to block prediction market enforcement action
The suit contests state authority over Underdog’s prediction market and follows a ruling against Kalshi.
15 Oct01 Deals & M&A
Kalshi and Polymarket exceed USD220m in US midterm election wagering
Investors assessing election betting growth must consider that Polymarket’s busiest 1% of wallets generated 70% of congressional trading volume.
15 Oct04 Regulation
Kalshi files anti-harassment rule allowing penalties for abusive traders
Kalshi’s proposed rule would allow financial penalties, suspension or account deactivation for users harassing athletes or third parties over trading.
15 Oct04 Regulation
Nevada regulator challenges prediction markets’ innovation claims
The comments raise licensing and tribal-law questions for prediction-market operators and tribes considering agreements with them.
13 Oct04 Regulation
Illinois federal judge limits state gambling enforcement against Kalshi
Kalshi retains preliminary protection from Illinois gambling enforcement, while wager-related fees remain subject to further briefing.
13 Oct01 Deals & M&A
BetMGM increases iGaming revenue 6% to $483m in US
BetMGM's iGaming revenue exceeded its online sports betting revenue, giving investors a comparison of the operator's two businesses.
13 Oct04 Regulation
Kalshi investigates three trades preceding US press secretary announcement
Kalshi’s investigation subjects trades preceding a public appointment to scrutiny over possible advance knowledge.
13 Oct04 Regulation
Ohio seeks Supreme Court review of US sports prediction market jurisdiction
Ohio’s request puts disputed state and federal authority over sports prediction market operators before the Supreme Court.
13 Oct01 Deals & M&A
Prediction markets reach $78.2bn in September as sports trading recovers
Sports trading helped prediction market operators exceed their previous monthly volume record.
13 Oct01 Deals & M&A
Macquarie forecasts prediction market taker volume of $187bn in 2026
Kalshi’s sports contract share and DraftKings’ app download share give investors measures of prediction market competition.
13 Oct05 Enforcement & compliance
Coinbase agrees to suspend Michigan prediction markets under MGCB deal
Coinbase must suspend Michigan prediction markets while Michigan withholds enforcement during compliance and related appeals.
13 Oct04 Regulation
Survey finds 75% of Americans view prediction markets as gambling
The reported public view and opposition to several types of betting inform the debate over prediction market oversight.
12 Oct01 Deals & M&A
Benzinga poll finds 17% expect prediction markets to displace DraftKings and Flutter
The poll gives investors divided expectations for DraftKings and Flutter, including adaptation, displacement and consolidation with prediction markets.
12 Oct04 Regulation
CFTC distinguishes sportsbook wagers from exchange-traded sports contracts
The measures could affect how operators and prediction-market exchanges are regulated at federal and state level.
12 Oct04 Regulation
Kalshi expands tribal partnerships as gaming-law disputes continue
The partnerships create commercial opportunities for tribal operators while legal disputes over sports event contracts remain unresolved.
12 Oct04 Regulation
Kalshi cases await Supreme Court review decision over sports event contracts
Operators could face separate state disputes over sports event contracts if Supreme Court review leaves conflicting appeals decisions unresolved.
11 Oct04 Regulation
AGA seeks US Supreme Court review over Kalshi sports contracts in New Jersey
The case could determine whether prediction markets must meet state gambling requirements when competing with licensed sportsbooks.
11 Oct01 Deals & M&A
ARK Invest buys 126,594 Kalshi shares across three ETFs
ARK Invest’s purchase backs Kalshi’s US prediction market business through three actively managed ETFs.
10 Oct04 Regulation
Don Davis introduces bill restricting candidates’ election contract trading in USA
The proposal would restrict election contract trading by federal candidates, specified family members and campaign committees, backed by civil penalties.
10 Oct04 Regulation
NFL backs states and tribes in US Supreme Court prediction markets dispute
The dispute concerns whether federal commodities regulators or gambling authorities should oversee sports contracts, affecting prediction market oversight.
10 Oct01 Deals & M&A
Four tribes partner with Kalshi on prediction market apps in the USA
The partnerships give the tribes customer-facing apps while Kalshi operates the underlying exchange and settles transactions.
9 Oct04 Regulation
NFL urges Supreme Court review of sports event contracts
The case and lawsuit could affect how sports event contracts operate and how Florida’s gaming compact applies to DraftKings’ platform.
9 Oct01 Deals & M&A
Kalshi partners with tribes as FanDuel shifts away from CME
Kalshi’s tribal partnerships and FanDuel’s continuing shift away from CME mark changes in their business relationships.
9 Oct04 Regulation
State attorneys general urge Supreme Court to hear Kalshi dispute in USA
Conflicting state rulings underpin calls for Supreme Court intervention in New Jersey’s prediction-market appeal involving Kalshi.
9 Oct04 Regulation
NFL asks Supreme Court to classify prediction markets as gambling in USA
The NFL seeks gambling classification for prediction-market apps, citing sporting integrity concerns, unclear rules and limited sports wagering oversight.
9 Oct05 Enforcement & compliance
Norway’s gambling regulator warns 62 companies of possible website blocks
The possible blocks would restrict access to the targeted websites for users in Norway.
9 Oct04 Regulation
NFL urges Supreme Court to hear New Jersey challenge to Kalshi
The case could affect whether states can regulate sports prediction markets and the safeguards operators face.
9 Oct04 Regulation
39 states file Supreme Court brief as NFL seeks prediction market clarity
Prediction market regulation faces scrutiny through 39 states’ Supreme Court filing and the NFL’s call for clarity.
9 Oct01 Deals & M&A
Kalshi agrees prediction market partnerships with four more tribal nations
Four additional tribal agreements give tribes app ownership and customer management while Kalshi supplies exchange services.
9 Oct04 Regulation
NFL seeks Supreme Court review of US sports prediction market oversight
The dispute concerns whether sports prediction platforms must comply with state gambling laws alongside federal financial supervision.
8 Oct04 Regulation
NGCB initially approves removing NCPG references from Nevada gaming regulation
Nevada’s proposed regulatory amendment would remove references to the National Council on Problem Gambling.
8 Oct04 Regulation
NFL urges Supreme Court to hear Kalshi dispute over state gambling laws
The NFL’s Supreme Court brief supports treating sports event contracts as gambling subject to state gambling laws.
8 Oct05 Enforcement & compliance
Coinbase agrees to halt sports event contracts in Michigan
Coinbase’s withdrawal follows Michigan enforcement against sports event contracts that regulators consider unauthorised sports betting.
8 Oct01 Deals & M&A
Four Native American tribes plan prediction market apps with Kalshi
Four tribes’ planned Kalshi apps could extend prediction markets to smaller, remote communities, according to Kalshi.
8 Oct04 Regulation
State attorneys general seek Supreme Court review of prediction market oversight
The case could determine whether states can apply gambling laws to prediction market operators such as Kalshi and Polymarket.
8 Oct04 Regulation
State attorneys general urge Supreme Court to hear New Jersey’s Kalshi appeal
Accepting New Jersey’s appeal would enable Supreme Court review of prediction market oversight without resolving the merits.
8 Oct04 Regulation
Utah attorney general warns sports prediction markets breach state gambling ban
Operators offering these products in Utah face an explicit legal warning, while Kalshi contests the state's authority through its federal appeal.
7 Oct04 Regulation
IAGR and NAGRA urge Supreme Court to hear New Jersey's Kalshi case
IAGR and NAGRA’s joint brief adds regulatory backing to New Jersey’s request for Supreme Court review.
7 Oct04 Regulation
Kalshi and Polymarket face scrutiny over younger users and trading integrity
Reported wash trading estimates and sports betting concentration put prediction platforms’ trading integrity and younger users under scrutiny.
7 Oct01 Deals & M&A
Hyperliquid records $317m in HIP-4 prediction market volume since May launch
Investors can compare HIP-4’s early October daily volume of roughly $1.25m with higher volumes at Kalshi and Polymarket.
6 Oct04 Regulation
Don Davis introduces bill banning candidates from trading on their own elections
Federal candidates would face financial penalties for trading prediction market contracts on their own elections under the proposed legislation.
6 Oct04 Regulation
Christofferson criticises betting as Utah challenges prediction markets
Utah’s effort to apply gambling prohibitions puts prediction market operators in conflict with the administration’s position on their classification.
6 Oct04 Regulation
Kalshi secures preliminary injunction against Illinois prediction market rules
Kalshi’s injunction prevents Illinois from imposing prediction market rules while questions over proposed wagering fees and taxes remain.
5 Oct04 Regulation
Federal judge awards Kalshi and CFTC interim relief against Illinois
The injunctions give Kalshi and the CFTC interim judicial relief against Illinois.
5 Oct04 Regulation
Illinois federal judge finds Kalshi sports contracts likely qualify as swaps
The Illinois finding supports Kalshi’s sports contracts qualifying as swaps as Ohio regulators pursue separate enforcement against prediction markets.
5 Oct04 Regulation
Tax Law Center urges wagering tax treatment for US sports prediction contracts
Prediction market operators could face the gambling tax treatment applied to conventional sportsbooks if authorities adopt the analysis’s interpretation.
5 Oct05 Enforcement & compliance
Ohio pledges gambling enforcement against Kalshi after federal appeals ruling
Ohio will enforce gambling laws against Kalshi after the court rejected its federal commodities law defence.
4 Oct01 Deals & M&A
JPMorgan initiates Genius Sports coverage with USD8 target on prediction market potential
JPMorgan’s estimate gives investors potential additional EBITDA from Genius Sports’ agreements with Kalshi and Polymarket.
4 Oct01 Deals & M&A
Prediction markets record USD8.5bn weekend volume during NFL Week 3
Sports and combo markets generated 86% of Sunday volume, highlighting their importance to prediction market operators.
4 Oct04 Regulation
Stock-linked prediction markets draw US scrutiny over regulatory jurisdiction
Polymarket and Kalshi face unresolved oversight questions as experts warn stock-linked contracts could affect share trading and complicate enforcement.
4 Oct07 People moves
Heather Maurer leaves NCPG chief executive role on 16 October
Heather Maurer’s departure changes NCPG leadership following the organisation’s announcement of a $2m partnership with Kalshi.
1 Oct04 Regulation
Prediction markets dominate G2E debate in Las Vegas
The dispute pits state gambling enforcement against the CFTC’s claim of exclusive jurisdiction over sports-event contracts.
1 Oct04 Regulation
Tribal leaders and AGA coordinate opposition to US prediction markets
Tribal leaders and the AGA are coordinating against prediction markets as a California coalition prepares for possible sports betting changes.
1 Oct04 Regulation
Kalshi, Polymarket and allies spend at least $3m amid US regulatory dispute
The lobbying seeks to influence the regulatory treatment of prediction market products in the USA.
September 2026
30 Sep01 Deals & M&A
Polymarket attracts more US branded searches as Kalshi leads trading activity
Operators face differing competitive positions: Polymarket leads branded searches, while Kalshi leads trading volume and narrows the search gap.
28 Sep04 Regulation
Sixth Circuit rejects Kalshi appeal over Ohio and Tennessee sports betting enforcement
Kalshi faces application of Ohio and Tennessee sports betting laws following the Sixth Circuit's ruling against it.
28 Sep07 People moves
NCPG executive director Heather Maurer resigns after departures over Kalshi partnership
NCPG must replace its executive director while managing member departures linked to its Kalshi partnership.
28 Sep04 Regulation
Sixth Circuit backs Ohio and Tennessee in sports prediction market regulation dispute
The decision supports Ohio and Tennessee’s efforts to apply state oversight to sports prediction market apps.
28 Sep04 Regulation
Sixth Circuit allows Ohio and Tennessee to enforce gambling laws against Kalshi
Tennessee’s enforcement injunction was removed, while Ohio’s denial of similar protection leaves Kalshi subject to state gambling laws.
25 Sep04 Regulation
Kalshi blocks prediction markets on three California tribal reservations after court ruling
Kalshi restricted prediction market access on three California tribal reservations after an appeals court found likely tribal gaming law breaches.
25 Sep05 Enforcement & compliance
New York extends prediction markets legal battle to Polymarket
The dispute brings Polymarket into New York’s legal battle over prediction markets.
24 Sep04 Regulation
US appeals courts split over classification of sports event contracts
Conflicting appeals court positions leave prediction market operators facing disagreement over whether sports event contracts constitute bets.
24 Sep01 Deals & M&A
MGM takeover bid collapses as Caesars’ $17.6bn deal progresses, Gambling Insider reports
Investors face contrasting casino transaction outcomes as an MGM takeover collapsed while the Caesars deal progressed.
23 Sep04 Regulation
Kalshi seeks rehearing after appeals court backs tribal injunction in California
Kalshi faces continued legal challenges after an appeals court backed tribes’ preliminary injunction and found their claims likely to succeed.
23 Sep04 Regulation
Senator John Curtis requests investigation into Trump Jr.'s prediction market connections
Kalshi and Polymarket face a requested Senate examination of whether presidential family connections enabled financial gain or privileged access.
23 Sep04 Regulation
Mexican Football Federation takes Kalshi to court over Liga MX branding in New York
The federation seeks court orders that would restrict how Kalshi identifies Liga MX event contracts.
23 Sep04 Regulation
CFTC warns prediction market exchanges about manipulation risks in mention markets
Prediction market exchanges face a CFTC warning about manipulation risks involving public figures’ statements or actions.
22 Sep01 Deals & M&A
Kalshi faces scrutiny over reported Ethereum trading volume
The disparity between Ethereum turnover and open interest raises questions for investors assessing Kalshi’s reported trading activity.
21 Sep03 Licences & markets
Tunica-Biloxi Tribe launches SaltTrade prediction-market app using Kalshi infrastructure
The launch gives a Tribal-owned business access to Kalshi’s exchange while other Tribal governments challenge sports-event contracts in court.
18 Sep04 Regulation
AGA urges Texas to sue prediction markets
Texas legislators heard calls for litigation against prediction markets alongside Kalshi’s warnings about offshore alternatives.
18 Sep05 Enforcement & compliance
Missouri attorney general prepares enforcement action targeting prediction markets
Prediction market operators face demands to comply with Missouri gambling rules and pay gambling taxes, with litigation possible if they refuse.
17 Sep01 Deals & M&A
Ohio Casino Control Commission ends NCPG ties over $2m Kalshi partnership
The Kalshi partnership prompted Ohio’s regulator to end its NCPG relationship and drew opposition from Michigan and Nevada regulators.
15 Sep01 Deals & M&A
Stork launches institutional data suite under Kalshi distribution agreement
Stork’s Kalshi agreement supplies institutional trading firms with live and historical prediction-market data for research, market making and arbitrage.
15 Sep01 Deals & M&A
CNBC reports increased prediction-market interest as football and US elections approach
CNBC linked growing interest in Polymarket and Kalshi to football’s return and the approaching November election.
15 Sep04 Regulation
Indian Gaming Association opposes revised Clarity Act ahead of US Senate vote
The Indian Gaming Association seeks explicit safeguards against federal commodities law overriding state and tribal gaming laws.
15 Sep01 Deals & M&A
Intelitics CEO says prediction markets increase sportsbook acquisition costs
Sportsbooks compete with prediction markets for customers and advertising placements, according to Intelitics chief executive Allan Stone.
15 Sep04 Regulation
Ninth Circuit allows Nevada to regulate sports event contracts as gambling
The ruling subjects disputed Nevada sports event contracts to gambling rules, while DraftKings and Flutter shares gained.
14 Sep04 Regulation
CFTC weighs gaming definition for US event contracts
Operators face unresolved gaming definitions as the CFTC deliberates and Nevada and New Jersey assert authority over sports-outcome contracts.
12 Sep04 Regulation
ESMA warns of insider trading and manipulation risks in prediction markets
Polymarket and Kalshi’s European expansion accompanies ESMA calls for monitoring insider trading, manipulation and potential retail harm.
11 Sep01 Deals & M&A
Coinbase selects ION platform for Kalshi event-contract clearing
Coinbase’s selected platform automates contract creation, resolution, settlement and reporting for Kalshi prediction-market products.
11 Sep04 Regulation
Massachusetts Gaming Commission maintains NCPG ties despite Kalshi membership concerns
The Massachusetts Gaming Commission maintains its NCPG relationship despite concerns about Kalshi’s organisational membership.
11 Sep04 Regulation
Pennsylvania lawmakers propose prediction-market oversight and 34% state tax
Pennsylvania proposals would introduce prediction-market taxation, PGCB oversight, insider-trading bans and restrictions on bets involving deaths and youth sport.
11 Sep04 Regulation
Texas lawmakers schedule prediction markets hearing for 15 September
The Senate hearing gives Texas lawmakers an opportunity to examine prediction market oversight and youth access.
11 Sep01 Deals & M&A
Tema launches DICE ETF with Kalshi and Polymarket exposure
DICE gives investors ETF exposure to prediction market businesses, including private holdings in Kalshi and Polymarket.
10 Sep04 Regulation
Massachusetts regulator retains NCPG membership following Kalshi donation
MGC retains its National Council on Problem Gambling membership while leaving commissioners scope to revisit it at renewal.
10 Sep04 Regulation
ESMA examines prediction markets in risk report
ESMA’s report highlights blurred boundaries between financial instruments, prediction markets and gambling, explicitly naming Polymarket and Kalshi.
10 Sep04 Regulation
Iowa federal judge allows state to apply gambling laws to Kalshi
The ruling leaves Iowa able to apply gambling laws to Kalshi as regulators allege unauthorised sporting outcome markets.
9 Sep04 Regulation
Illinois lawmaker proposes removing prediction market tax
The bill seeks to remove Illinois’s prediction market tax, whose application Kalshi and the CFTC challenged in court.
9 Sep04 Regulation
US appeals court rejects Kalshi bid to pause Utah gambling enforcement
The ruling leaves Kalshi exposed to Utah gambling enforcement while its appeal continues.
9 Sep04 Regulation
US state officials consider restrictions on election prediction markets
State officials are examining gambling laws as grounds to regulate or prohibit operators’ election prediction contracts.
9 Sep04 Regulation
Iowa federal judge rejects Kalshi injunction request over gambling enforcement
Kalshi failed to secure preliminary protection against Iowa gambling enforcement targeting its sports event contracts.
9 Sep04 Regulation
Iowa federal judge rejects Kalshi injunction request over gambling regulation
Kalshi’s injunction rejection rests on the judge finding express federal pre-emption of Iowa law unlikely for sports event contracts.
9 Sep04 Regulation
US election officials consider prediction market safeguards as election trading increases
Prediction market platforms face proposed election trading safeguards while court disputes continue over states’ gambling regulatory authority.
8 Sep04 Regulation
Robinhood agrees to withdraw sports event contracts from Michigan pending litigation
Robinhood’s sports event contracts remain withdrawn from Michigan at least until the Sixth Circuit rules on related appeals.
8 Sep04 Regulation
Tenth Circuit rejects Kalshi request to block Utah gambling enforcement
Kalshi remains subject to Utah gambling law enforcement while appealing its District Court defeat.
8 Sep04 Regulation
The Times reports FCA talks on UK prediction market restrictions
Any UK legalisation could require prediction market operators to obtain gambling licences and comply with UKGC rules.
8 Sep01 Deals & M&A
Catalist Sports agrees multi-year prediction markets partnership with Kalshi in USA
The partnership gives Kalshi exclusive official live streams and data rights for US prediction markets under a multi-year agreement.
4 Sep04 Regulation
NFL urges prediction market operators to remove certain betting products
The NFL is seeking removal of certain betting products from prediction platforms, including Kalshi and Polymarket.
4 Sep04 Regulation
Michigan judge orders Kalshi to block sports contracts and state access
Kalshi faces a Michigan sports contract ban and geoblocking order, alongside an adverse Ninth Circuit ruling.
4 Sep04 Regulation
Illinois lawmaker proposes repealing sports prediction market tax
The Illinois repeal proposal would remove the sports prediction market transaction tax challenged by Kalshi and the CFTC.
4 Sep04 Regulation
Texas attorney general stays outside state campaign against prediction markets
Texas Attorney General Ken Paxton remains outside states’ campaign against prediction markets despite his previous opposition to gambling.
4 Sep04 Regulation
New Jersey seeks US Supreme Court review of Kalshi sports contract ruling
The petition challenges a ruling favouring Kalshi over New Jersey’s authority to regulate its sports contracts as gambling.
4 Sep01 Deals & M&A
DraftKings and FanDuel compete with Kalshi for US sports bettors
DraftKings and FanDuel compete with Kalshi for US sports bettors as Kalshi avoids describing its product as a bet.
4 Sep01 Deals & M&A
Prediction markets target sportsbook customers as NFL season approaches
FanDuel and DraftKings face competition from Kalshi and Polymarket for sports betting customers as the NFL season approaches.
3 Sep04 Regulation
Michigan court orders Kalshi to block access to sports contracts
The preliminary injunction requires Kalshi to restrict Michigan users’ access to sports contracts.
3 Sep04 Regulation
Ninth Circuit rejects Kalshi exemption from state sports betting laws
The unanimous ruling subjects Kalshi’s sports markets to state sports betting laws, although Roth identified aspects potentially supporting Kalshi.
3 Sep04 Regulation
New York challenges CFTC emergency order in Kalshi court dispute
New York’s attorney general’s office challenges the CFTC’s emergency order as promoting Kalshi’s interests in nationwide litigation.
3 Sep05 Enforcement & compliance
Michigan court bars Kalshi sports contracts and sets $500,000 daily geolocation penalty
Kalshi must exclude Michigan customers and faces daily financial penalties if it fails to comply with the court's geolocation requirements.
3 Sep04 Regulation
Missouri attorney general urges sportsbook taxes and rules for sports prediction markets
Prediction market providers face scrutiny as Missouri’s attorney general seeks sportsbook taxation and regulation for sports prediction markets.
2 Sep04 Regulation
New Jersey petitions US Supreme Court over Kalshi sports contracts
The petition seeks Supreme Court review of the dispute over state regulation of Kalshi’s sports contracts.
2 Sep04 Regulation
New Jersey asks US Supreme Court to clarify prediction market jurisdiction
The case could determine whether operators offering sports event contracts must comply with state gambling licensing and tax requirements.
2 Sep05 Enforcement & compliance
Michigan attorney general secures injunction barring Kalshi sports contracts
The preliminary injunction bars Kalshi from providing sports betting contracts to people in Michigan.
2 Sep04 Regulation
New Jersey asks US Supreme Court to resolve sports prediction jurisdiction dispute
New Jersey seeks clarity on whether federal event contract oversight blocks state gambling enforcement.
2 Sep04 Regulation
Kalshi CEO anticipates sports prediction market rules and major league deals
Kalshi expects clarifying rules and league agreements that its chief executive believes could help navigate legal uncertainty.
2 Sep05 Enforcement & compliance
Kalshi fines Laurie Buckhout $2,589.96 over bets on her congressional election
Kalshi’s fine and three-year ban demonstrate enforcement of rules against candidates betting on their own elections.
2 Sep05 Enforcement & compliance
Kalshi permanently bans George Santos and imposes $71,356 fine
Kalshi’s first permanent exclusion demonstrates its enforcement response to alleged manipulation of political prediction contracts.
1 Sep05 Enforcement & compliance
Kalshi bans George Santos for life over market manipulation
Kalshi’s lifetime ban of Santos demonstrates participant exclusion as a disciplinary response to market manipulation.
1 Sep05 Enforcement & compliance
Kalshi permanently bans former congressman George Santos
Santos has lost access to Kalshi and his paid relationship with Polymarket.
1 Sep05 Enforcement & compliance
Kalshi discloses five disciplinary cases involving political candidates and George Santos
Kalshi’s disciplinary cases address candidates buying contracts linked to themselves and alleged market manipulation.
1 Sep04 Regulation
Ninth Circuit rules Kalshi sports contracts are bets outside federal swaps protection
The ruling classifies Kalshi’s sports contracts as bets rather than swaps protected under federal law.
1 Sep05 Enforcement & compliance
Kalshi permanently bans George Santos and imposes $71,356 manipulation penalty
Kalshi imposed a permanent ban and financial penalty over alleged manipulation involving Santos’s trading and public attendance statements.
1 Sep05 Enforcement & compliance
Kalshi takes enforcement action against Stephen Cloobeck over California election betting
Kalshi’s enforcement action addresses political candidates betting on their own electoral victory.
1 Sep01 Deals & M&A
Kalshi secures exclusive US Open prediction market partnership in New York
Kalshi’s exclusive partnership bars competing prediction market advertising at US Open venues and during television coverage.
1 Sep04 Regulation
Ninth Circuit backs Nevada's authority over Kalshi sports event contracts
The ruling backs Nevada’s action against Kalshi’s sports contracts after Kalshi failed to demonstrate likely federal pre-emption.
1 Sep04 Regulation
Ninth Circuit upholds state gambling oversight of US prediction platforms
The ruling strengthens state regulators’ position in disputes over whether prediction platforms must comply with gambling rules.
August 2026
31 Aug04 Regulation
Ninth Circuit backs Nevada in Kalshi prediction markets dispute
The ruling permits Nevada to apply its gaming laws to Kalshi’s operations in the state.
31 Aug05 Enforcement & compliance
Kalshi permanently bans George Santos over suspected insider trading
Kalshi permanently barred Santos after concluding he likely profited from insider trading on wagers concerning his own attendance.
31 Aug05 Enforcement & compliance
CFTC fines Gabriel Perez $65,000 over Kalshi speech wagers
The CFTC sanction combines a fine, profit surrender and a three-year trading ban for betting on presidential speech content.
31 Aug04 Regulation
Ninth Circuit rules against Kalshi as Polymarket offers Supreme Court hearing market
Conflicting appellate rulings on Kalshi could bring the dispute before the Supreme Court.
31 Aug04 Regulation
Ninth Circuit returns Kalshi election contract question to district court
The court ruled against Kalshi’s Nevada sports contracts while leaving federal pre-emption unresolved for election contracts.
31 Aug04 Regulation
Ninth Circuit allows Nevada to enforce gambling laws against Kalshi
Nevada can enforce gambling laws against Kalshi’s sports event contracts following rejection of its federal pre-emption argument.
29 Aug04 Regulation
Kalshi reports no linked trading after fabricated US election polls
Kalshi’s review found no evidence that Prakash traded on races covered by the fabricated election polls he circulated.
29 Aug04 Regulation
Ninth Circuit upholds Nevada’s authority over Kalshi sports contracts
The ruling allows Nevada regulators to act against Kalshi’s prediction market operations despite its federal commodities law argument.
28 Aug04 Regulation
Kalshi records $5.4bn in trading by US users aged 18–21
Users aged 18–21 traded approximately $3.9bn in sports contracts and parlays as leagues sought a minimum trading age of 21.
28 Aug04 Regulation
Kalshi faces further state litigation in Connecticut and Montana
Kalshi faced further legal disputes in Connecticut and Montana as the sector added entrants, data partnerships and distribution agreements.
28 Aug04 Regulation
Gaming attorneys criticise CFTC over alleged defiance of court orders
The criticism puts the CFTC’s response to court orders under scrutiny from gaming attorneys.
27 Aug05 Enforcement & compliance
Connecticut files enforcement lawsuit against Kalshi over sports contracts
Connecticut’s lawsuit seeks to halt Kalshi’s sports contracts and impose penalties and repayment of revenue generated in the state.
27 Aug05 Enforcement & compliance
Connecticut seeks injunction against Kalshi’s sports event contracts
Connecticut seeks to stop Kalshi’s alleged unlicensed sports wagering, while Kalshi asserts exclusive CFTC jurisdiction and appeals an enforcement ruling.
27 Aug05 Enforcement & compliance
Connecticut sues Kalshi to halt sports-event contracts
Connecticut seeks an immediate injunction halting Kalshi’s sports-event contracts, alleging sports betting without state authorisation.
27 Aug01 Deals & M&A
US casinos invest in amenities to attract Gen Z visitors
US casino operators are investing in dining, concerts and other attractions to draw Gen Z visitors.
27 Aug04 Regulation
CFTC orders Kalshi to maintain New York trading despite court order
The CFTC’s instruction leaves Kalshi facing conflicting agency and court directions over continued trading in New York.
26 Aug01 Deals & M&A
Kalshi signs sponsorship agreements with five MLB teams
Kalshi’s sponsorships expand MLB prediction market partnerships, with four new partners playing in states that prohibit sports betting.
26 Aug01 Deals & M&A
Kalshi secures prediction market partnerships with five MLB teams
The agreements give Kalshi advertising exposure and fan engagement opportunities across five MLB teams.
26 Aug04 Regulation
PredictIt executive forecasts possible Supreme Court review of prediction market regulation
Potentially conflicting appeals rulings could bring the CFTC-state dispute over event contract oversight before the Supreme Court, according to Pidot.
26 Aug01 Deals & M&A
Kalshi signs three MLB team partnerships as DraftKings targets California with Predictions advertising
Kalshi’s team partnerships and DraftKings’ Predictions advertising extend their California presence where sports betting remains illegal.
25 Aug01 Deals & M&A
Kalshi signs prediction market agreements with Dodgers and four other MLB clubs
Kalshi’s partnerships with the Dodgers and four other MLB teams expand prediction market operators’ commercial relationships with clubs.
25 Aug03 Licences & markets
DraftKings launches prediction market platform in California
DraftKings joins Kalshi and Polymarket in California’s prediction market sector, where traditional sports betting remains illegal.
25 Aug03 Licences & markets
DraftKings launches in California as Kalshi recruits lobbyists
Kalshi is lobbying to maintain California platform access as DraftKings goes live in the state.
24 Aug04 Regulation
Nevada challenges Kalshi’s state oversight argument over North Carolina tax
The dispute concerns states’ authority to oversee and tax prediction market operators’ activities.
24 Aug04 Regulation
CFTC committee examines prediction market manipulation risks
The committee examined manipulation risks, while disputed examples highlight disagreement over which products breached standards.
24 Aug04 Regulation
Nevada challenges Kalshi’s preemption argument over North Carolina prediction market tax
Nevada challenges whether Kalshi’s support for state taxation alongside federal oversight strengthens its preemption case.
24 Aug04 Regulation
Nevada challenges Kalshi over North Carolina tax acceptance
Nevada uses Kalshi’s acceptance of North Carolina’s revenue tax to argue that states have authority over prediction markets.
24 Aug04 Regulation
Nevada cites North Carolina tax to challenge Kalshi’s regulatory position
Nevada argues Kalshi’s acceptance of North Carolina’s trading revenue tax acknowledges state regulatory power and supports Nevada taxation.
21 Aug04 Regulation
Kalshi takes sports markets offline in Washington following court order
The court-linked sports shutdown limits Kalshi’s market offering in Washington State.
21 Aug04 Regulation
Kalshi seeks relief from state enforcement as CFTC considers prediction market rules
Operators seeking relief from state enforcement face federal appeals proceedings as the CFTC moves towards new sector rules.
21 Aug04 Regulation
CFTC challenges nine states over prediction market oversight
Operators face competing federal and state jurisdiction claims, alongside New York’s allegations against Kalshi over gambling and tax avoidance.
20 Aug05 Enforcement & compliance
Kalshi bans three US congressional candidates over alleged trading on their own races
Kalshi’s bans and fines demonstrate enforcement against congressional candidates over alleged wagers involving their own candidacies.
20 Aug04 Regulation
Lawyer says Democratic midterm win would not strengthen states against prediction markets
Federal backing for permitted operators and insufficient congressional support underpin a lawyer’s assessment that states would gain no midterm advantage.
19 Aug01 Deals & M&A
Novig reports $128m trading volume in prediction markets debut week
Novig’s reported $128m opening-week trading volume gives investors a launch benchmark against its claimed comparison with Kalshi.
19 Aug04 Regulation
Trump plans White House meeting with prediction market executives
The planned White House meeting connects prediction market executives with President Trump and the Commodity Futures Trading Commission chairman.
18 Aug04 Regulation
Former Cuomo aide urges New York to tax prediction market operators
Prediction market operators face calls for New York taxation alongside litigation over states’ allegations that they operate illegal sportsbooks.
18 Aug01 Deals & M&A
ParlayX develops prediction market platform focused on combination bets
ParlayX’s planned prediction market platform centres on combination bets, following its original intention to concentrate on parlays.
18 Aug05 Enforcement & compliance
NGCB seeks daily fine over Kalshi’s alleged Nevada injunction breach
Kalshi faces a requested daily fine over alleged failure to geofence certain event contracts in Nevada.
17 Aug04 Regulation
Pennsylvania lawmakers pursue prediction market regulation through HB 2711
Operators face proposed Pennsylvania prediction market regulation that would require neither taxes nor licences while permitting sports event contracts.
17 Aug05 Enforcement & compliance
Nevada seeks daily fines against Kalshi over geofencing compliance
Kalshi faces potential daily fines as Nevada disputes compliance with the court-imposed geofencing deadline.
17 Aug04 Regulation
Connecticut judge rejects Kalshi’s emergency injunction request
Kalshi remains without its requested emergency injunction during appeal after the judge rejected reliance on the CFTC order.