Kalshi has lost its US appeals court bid to block Nevada from taking action on its sports contracts, leading the state’s ...

Commodities Futures Trading Commission chair Michael Selig argued prediction platforms are federally regulated, as more ...

Dow Jones Top Financial Services Headlines at 12 AM ET: Fed's Goolsbee Says Future Rate Cuts Depend on Inflation Progress | ...

By Nate Raymond Feb 17 (Reuters) - Nevada gaming regulators filed a lawsuit on Tuesday seeking to block prediction market ...

Nevada gaming regulators have filed a lawsuit against prediction market operator Kalshi, seeking to block it from offering ...

Dow Jones Top Company Headlines at 11 PM ET: This Viral AI Project Went From Side Hustle to Coveted Prize in Three Months | Palo ... This Viral AI Project Went From Side Hustle to Coveted Prize in ...

Utah Governor Cox spoke out today against prediction markets after the Commodity Futures Trading Commission (CFTC) filed an ...

Polymarket and Kalshi and other prediction markets allow participants to buy and sell contracts tied to the probable outcome of an event, but most of their business involves betting on sports.

Is it gambling or a derivative market for investors? The head of the federal agency overseeing prediction markets said state ...

Control board lawyers say the company’s sports contracts are unlicensed wagering, which harms the public and poses an existential threat to the gaming industry.

A federal appeals court rejected the prediction-market platform’s bid, setting the stage for Nevada’s civil-enforcement ...

Nevada officials sued Kalshi, calling it an illegal betting website. The same day, a top Trump finance regulator said states ...