Kalshi News
Latest articles and news about Kalshi on AXL Media.
Latest Articles
- CFTC Sues Wisconsin as Federal Authorities Escalate Legal Battle Over Prediction Market Jurisdiction
Published: Apr 29, 2026
Section: Online Gambling
The Commodity Futures Trading Commission has filed a federal lawsuit against Wisconsin to block state enforcement of gambling laws against event contract platforms. This litigation...
- BetHog CEO Nigel Eccles Warns of Ethical Risks as Prediction Markets Disrupt Gaming Industry
Published: Apr 29, 2026
Section: Online Gambling
BetHog CEO and FanDuel co-founder Nigel Eccles detailed his strategy for AI-driven dealer platforms while criticizing the ethical marketing practices of modern prediction market op...
- Robinhood Hits Record Prediction Market Volume Amid Q1 Earnings Miss and Crypto Downturn
Published: Apr 29, 2026
Section: Online Gambling
Robinhood reported a record 8.8 billion event contracts traded in Q1 2026, marking a significant shift as prediction markets become a core engagement driver. Despite this milestone...
- Ohio Senator Introduces SB430 to Regulate and Tax Prediction Market Sports Contracts
Published: Apr 28, 2026
Section: Online Gambling
Senator Bill DeMora filed Senate Bill 430 on Monday to subject prediction markets offering sports contracts to Ohio betting regulations and taxes. The move seeks to establish a sta...
- CFTC and Prediction Market Operators Launch Legal Offensive Against State Enforcement in Multistate Battle
Published: Apr 27, 2026
Section: Online Gambling
The Commodity Futures Trading Commission and major prediction market operators escalated legal efforts on April 24 to assert federal jurisdiction over event contracts. Despite fili...
- Circuit Split Looms as Ninth Circuit Weighs Legality of Prediction Market Sports Contracts
Published: Apr 25, 2026
Section: Online Gambling
A pivotal legal battle in San Francisco could send the regulation of prediction markets to the US Supreme Court. Following a 150-minute hearing before the Ninth Circuit, judges are...
- US Senate Candidate Mark Moran Admits Baited Kalshi Betting Violation to Trigger Enforcement
Published: Apr 24, 2026
Section: Online Gambling
Virginia Senate candidate Mark Moran intentionally violated prediction market rules by wagering on his own race to test the platform’s oversight. Kalshi issued a $6,229.30 fine and...
- Trump Distances Himself From Prediction Markets Despite Active Administration Support and Family Ties
Published: Apr 24, 2026
Section: Online Gambling
During an Oval Office press conference, President Trump expressed conceptual disapproval of prediction markets, comparing the global betting landscape to a "casino." These remarks...
- Ninth Circuit Judges Express Sharp Skepticism Over Prediction Markets’ Claims to Federal Preemption in Nevada Case
Published: Apr 18, 2026
Section: Online Gambling
During oral arguments on April 16, judges for the Ninth Circuit Court of Appeals questioned the legal distinction between sports prediction markets and traditional gambling. The pa...
- Congressional Heat on CFTC and Record Breaking Masters Volume on Kalshi Define a Volatile Week for Prediction Markets
Published: Apr 18, 2026
Section: Online Gambling
The gambling industry faced a polarized week as CFTC Chair Mike Selig underwent intense Congressional questioning while prediction market Kalshi reported a record $545 million in t...
- Federal Court Halts Arizona Criminal Case Against Kalshi in Major Prediction Market Preemption Victory
Published: Apr 15, 2026
Section: Online Gambling
A federal judge has granted a temporary restraining order to block Arizona from pursuing criminal charges against the prediction market Kalshi. The ruling supports the Commodity Fu...
- Kalshi’s Attempt to Silence Democratic Influencer Backfires as Legal Threat Triggers Viral Scrutiny of Trump Ties
Published: Apr 15, 2026
Section: Online Gambling
Prediction market leader Kalshi issued a cease-and-desist to political commentator Elizabeth Booker Houston following her viral criticisms of the industry. While Houston complied w...