A federal judge in Maryland on Friday ruled against the prediction market operator Kalshi on whether states can use sports ...

Shortly after receiving the first adverse ruling in any of the current high-profile matters being litigated against state ...

The landscape of American prediction markets faces fresh uncertainty following a Maryland federal court’s rejection of Kalshi ...

A federal judge in Maryland ruled the prediction market should receive a sports betting license to operate inside Maryland ...

A judge has ruled against Kalshi in a preliminary ruling, the first significant court roadblock as the prediction market ...

The legal chess match comes ahead of expected M&A in prediction markets. The post Kalshi Going On Offense After Legal Setback ...

Because prediction markets are more similar to trading exchanges, they fall under the purview of the Commodities Futures Trading Commission (CFTC), rather than state-based gaming regulators. That has ...

A legal showdown over the classification of sports-based prediction markets escalated on Friday as a federal judge in ...

Maryland court denies Kalshi a stay, potentially setting a sports betting law and tax precedent for other states. DraftKings ...

Rep. Titus wrote to the CFTC requesting the commission to look at whether Quintenz has a conflict of interest because he serves on Kalshi's board.