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 […]
Legal
October 29, 2025
Kalshi Faces Legal Setback as Federal Judge Sends Massachusetts Case to State Court
New York-based prediction market operator Kalshi has suffered a significant legal setback as a federal judge ruled that the platform’s ongoing legal battle with the state of Massachusetts must proceed in a state court rather than a federal one. This ruling marks a procedural win for Massachusetts Attorney General Andrea Campbell, who seeks to prevent […]
Legal
October 28, 2025
Kalshi Goes After New York Gambling Regulator
Prediction market platform Kalshi is not intimidated by gambling regulators, nor attorney generals. The company has been fighting and winning a case in New Jersey and is possibly gearing up for a fight in Massachusetts and Arkansas, where the Attorney Generals have issued a public opinion that these platforms are indeed in violation of local […]
Sports
October 23, 2025
NHL Partners with Polymarket and Kalshi on New Deals
It’s official: the National Hockey League (NHL) has branded Polymarket and Kalshi as its official prediction market partners. The move signals the league’s first official partnerships with these types of platforms in the United States. Branding and On-Screen Exposure The newly inked multiyear deals will enable the two companies to gain access to the NHL’s […]
Sports
October 20, 2025
Kalshi Hit with Lawsuit over Alleged Sports Gambling Operations
From gambling regulators to attorney generals and now private citizens, Kalshi has had to fend off one lawsuit after another. Although it appears to be winning at least in Nevada, the prediction market platform has not had a quiet moment. The latest legal development filed against it comes in the form of a New York […]
Business
October 13, 2025
Kalshi Secures $300M Funding, Hits $5B Valuation
Tarek Mansour, CEO of Kalshi, has confirmed in a LinkedIn post the long-rumored $300 million investment secured in the company’s latest funding round, bringing the company’s valuation to $5 billion, as stated last month. Kalshi’s CEO Announces the Company Hit Its Previously-Stated Validation This new capital injection boosts the valuation of the prediction market leader […]
Sports
October 8, 2025
Kalshi Sues Ohio Regulators Over Limits on Prediction Market Activities
Kalshi, an online prediction market, has taken legal action in a federal court against the Ohio Casino Control Commission and the state Attorney General. The lawsuit claims that Ohio authorities have overstepped their authority by restricting Kalshi’s ability to sell “event contracts” connected to sports results. Ohio’s Crackdown on Kalshi Sparks Federal Lawsuit Over State […]
Business
October 2, 2025
Kalshi’s CEO Shares His Thoughts on the Bloomberg Odd Lots Podcast
Kalshi’s CEO, Tarek Mansour, made an appearance on Bloomberg’s Odd Lots podcast and talked about his company’s business operations, and expectedly, the status quo with prediction markets. A Superior Model Is Putting Sportsbooks on the Back Foot Mansour said that prediction markets are not only going anywhere, but they have near-limitless potential when it comes […]