Prediction Markets
February 11, 2026
Kalshi’s Ambiguity About Cardi B’s Super Bowl Performance Leads to CFTC Letter
Fans and bettors have spent many millions around Super Bowl Sunday on Kalshi’s prediction markets. A lot of that money came from non-game trading, with more than $100 million exchanged just on the market for the halftime show’s opening song. However, traders who wagered $4.4 million on whether Cardi B would “perform” during the show […]
Legal
February 11, 2026
Nevada Considers Civil Enforcement Action Against Kalshi
Nevada’s war on prediction markets continues with mulled legal action against Kalshi, one of the forerunners in this sector. This comes shortly after Nevada reported its post-PASPA low in terms of Super Bowl betting. Nevada’s Fight Against Prediction Markets Rages On Nevada officials are eyeing a potential civil enforcement action against Kalshi in state court, […]
Prediction Markets
February 9, 2026
Kalshi Enjoys Super Bowl Boom as Massachusetts Ban Looms Closer
The Super Bowl weekend brought Kalshi massive success, even as a court ruling in Massachusetts threatened to shut down its sports offerings in the state. While state regulators prepare to enforce their restrictions, traders poured nearly a billion dollars into Kalshi’s Super Bowl markets. It is unclear whether the platform’s success will impact its ongoing […]
Prediction Markets
February 9, 2026
Giannis Antetokounmpo Invests in Kalshi, Gives Vote of Confidence
Prediction markets are surging in popularity, with Kalshi, Polymarket, and Crypto.com seeming determined to remain in the United States while expanding their sports event contracts. Legal pushbacks in Nevada and elsewhere have not been enough to depress consumer interest, nor, it appears, investment from popular sports figures. The latest to join Kalshi as an investor […]
Prediction Markets
February 9, 2026
Kalshi App Gains Ground on Sportsbooks Before Super Bowl
A newcomer to the sports betting scene has jumped into the limelight right before the year’s biggest game. Kalshi, a small-time player next to big-name sportsbooks, saw a big jump in people downloading its mobile app in January. It was ahead of well-known brands like DraftKings and FanDuel as the Super Bowl got closer. Kalshi […]
Prediction Markets
February 5, 2026
Kalshi Disputes Report Claiming That Prediction Markets Users Lose Money Faster
A recent report by a Wall Street analyst suggested that regular prediction market users lose money faster than their traditional sports betting peers. Needless to say, Kalshi wasn’t exactly pleased. The Report Said Prediction Markets Favor Pro Traders The initial report was the brainchild of Citizens analyst Jordan Bender and cited betting data to suggest […]
Legal
January 30, 2026
Massachusetts Court Gives Kalshi 30 Days to Restrict Its Offerings in the State
Kalshi’s battle with Massachusetts regulators has entered a new phase after a Superior Court judge gave the platform only a short window to comply with the state’s gambling laws. This case could mark a significant milestone in the ongoing efforts to determine whether federally regulated event contracts can continue to offer sports-related markets in jurisdictions […]
Industry
January 27, 2026
Better Markets Director Dubs Kalshi, Polymarket Unregulated Gambling Sites
Better Markets is a non-profit and independent organization founded in the wake of the 2008 financial crisis with a mission to promote interest in financial matters among the general population. Recently, its director of securities policy, Benjamin Schiffrin, commented on prediction markets platforms such as Kalshi and Polymarket, saying they are outright casinos. Better Markets’ Schiffrin […]
Industry
January 27, 2026
Kalshi Taps Former Biden Administration Insider to Lead in DC
Kalshi has recently had a close brush in the United States, where the company narrowly avoided having its sports event contracts shut down last Friday, when a judge who previously agreed that the platform’s products are not just financial tools said he would need more time to deliberate and arrive at a decision. Kalshi Brings […]
Industry
January 26, 2026
Ohio Becomes the Latest State to Cite MA Ruling in Its Battle Against Kalshi
A recent development in Massachusetts seems to have set a precedent in US regulators’ fight against the rapidly growing prediction markets space. The ruling, which was cited by regulators in several states, has now also been cited in the Ohio Casino Control Commission’s (OCCC) clash with prediction market providers. The Tides of Battle May Be […]
