Gambling News - 'Kalshi'
Sports
December 8, 2025
CNBC to Add Kalshi Prediction Data to 2026 Coverage
Klashi, the largest prediction market in the world, has announced it will team up with CNBC in a multi-year partnership aimed at bringing real-time prediction-market data to its TV shows, digital channels, and subscription platforms starting in 2026. “Powerful Complement to CNBC’s Reporting” The move is a first for a major financial newsroom and aims […]
Sports
December 4, 2025
Connecticut Goes After Prediction Markets, Orders Them to Halt Operations
The Connecticut Department of Consumer Protection has issued a warning against Kalshi, Robinhood, and Crypto.com, ordering them to stop offering prediction markets in the state. This warning comes at an important time for the companies, as Kalshi has recently concluded a funding round, sending its valuation to $11 billion, and launching a partnership with CNN. […]
Industry
December 3, 2025
Kalshi Faces Challenges, But CNN Partnership Reaffirms Its Status
Kalshi is facing quite a bit of pushback since the platform introduced sports event contracts. A judge in Nevada told it to stop providing these markets altogether, while a new lawsuit is looking to define the platform’s operations as illegal gambling. CNN Welcomes Kalshi as First Official Prediction Market Partner Individual states have acted in […]
Industry
December 1, 2025
Kalshi Slapped with Another Class-Action Lawsuit, As Legal Challenges Continue
Kalshi is under increasing pressure to discontinue its sports event contracts in jurisdictions that already have sports betting laws. However, the prediction market platforms have repeatedly and pointedly argued that this is not really something it is obligated to do, seeing how its products are regulated by the CFTC, and not local sports betting laws. […]
Sports
November 26, 2025
Ruling Stops Kalshi from Offering Sports Contracts in Nevada
A Las Vegas federal court has given Nevada gaming regulators the go-ahead to act against Kalshi, a prediction-market operator. Nevada Regulators Gain Ground as Court Blocks Kalshi’s Bid to Offer Sports-Based Markets This decision puts a stop, at least for now, to the company’s attempts to offer sports-related contracts in the state. US District Judge […]
Legal
November 25, 2025
Kalshi Seeks Dismissal in Ho-Chunk Nation Sports Betting Suit
A legal battle is heating up in federal court as the Ho-Chunk Nation challenges prediction-market operator Kalshi and its distribution partner Robinhood. Tribe Claims Kalshi, Robinhood Encroach on Tribal Sovereignty With Online Gambling The Ho-Chunk Nation tribe claims these companies are running an illegal gambling operation that encroaches on tribal sovereignty. The lawsuit filed in […]
Business
November 24, 2025
Kalshi Hits $11B Valuation in Wake of Latest Funding Round
The prediction market Kalshi has reached a $11 billion valuation following its latest funding round, where, according to an insider, the company ended up raising $1 billion. The insider has revealed that the ones who organised the latest round were two of Kalshi’s original investors, Sequoia and CapitalG. The founders of Kalshi are Tarek Mansour […]
Industry
November 17, 2025
PrizePicks to Launch Prediction Markets with Kalshi
PrizePicks has minted a new partnership with prediction markets powerhouse Kalshi. As a result, the latter company is now delivering event contracts via PrizePicks. PrizePicks Secured a Major Agreement with Kalshi PrizePicks, which has been looking to tap into the rapidly growing prediction markets sector, has confirmed a new arrangement with Kalshi that will allow […]
Sports
November 12, 2025
Good to Go: Kalshi Can Keep Offering Contracts on Tribal Lands
Kalshi can continue offering its prediction market contracts in any of the self-governing Native American or American Indian communities throughout the United States (Indian Country). Sympathy for the Tribes The decision comes amid a federal judge’s denial of a request from three California tribes for an injunction. The tribes, Blue Lake Rancheria, the Chicken Ranch […]
Industry
November 11, 2025
Kalshi-Backed Survey Finds 90% of People Support Prediction Markets
According to a recent study by Kalshi, nearly 90% of Americans believe they should have access to prediction markets. The surveyed respondents see prediction markets as financial investments rather than gambling, which is a view that enjoys strong bipartisan support. Survey Results Show Overwhelming Support for Prediction Markets Axis Research, the company that made the […]