Kalshi Market Updates: News, Deals, and Regulatory Insights
Legal U-Turn: Federal Judge Blocks Minnesota’s Ban on Prediction Markets
A Minnesota federal judge has granted a preliminary injunction against the state's first-ever ban on prediction markets, stalling the law only days before its August 2026 launch.
Dr. Laila Mintas Plans 365Prediction: Event Contracts as a Trillion-Dollar Market
Former iGaming executive Laila Mintas targets the US prediction market with 365Prediction, citing a potential market size of $1 trillion by 2030.
Judge Blocks Minnesota's Prediction Market Ban, Defying Congressional Intent
A federal judge has halted Minnesota's attempt to ban event contracts. The ruling allows platforms like Kalshi to operate despite warnings from former Senator Chris Dodd.
NFL Challenges US Regulator Over Weak Prediction Market Safeguards
The NFL has criticized the CFTC's proposed rules for prediction markets, demanding stricter bans on manipulable contracts as $30 billion is wagered on the league annually.
Kalshi Threatens Legal Action Over Netflix Prediction Market Documentary
Prediction market giant Kalshi alleges Netflix's new documentary features false information, potentially misleading 320 million viewers.
Nevada Proposes Federal Ban on Unregulated Sports Prediction Markets
Congressmen seek to pass the Prediction Markets are Gambling Act to stop sports event contracts from bypassing state-level gambling oversight and tax laws.
Nevada Halts Kalshi: Prediction Market Faces $120,000 Daily Fines
Nevada regulators have ordered Kalshi to cease operations in the state by August 12. Failure to implement geofencing will result in daily penalties of $120,000.
Prediction Markets Challenge Sportsbooks: $8 Billion NFL Risk Expected
A shift in wagering dynamics is putting pressure on traditional bookmakers. Experts predict Kalshi will carry $8 billion in risk for the 2026 NFL opening week.
End of Backdoor Betting: US Lawmakers Introduce Bill to Ban Prediction Markets
A new bipartisan bill in the US House aims to close federal loopholes that allow prediction markets to bypass gambling regulations, potentially saving states $1 billion in tax revenue.
Prediction Markets Surge: Platform Kalshi Nears Trillion-Dollar Forecasts
Analysts predict that prediction markets could grow to $1.5 trillion by 2030, while tools like Ticker Tracker provide new transparency into billions in volume.
Kalshi Accused of Using Child Protection Bill to Push Gaming Contracts
A new US bill on facial recognition for bettors is drawing criticism. Experts suggest it hides backdoors for gaming expansion, while 36% of young boys admit to gambling.
Prediction Markets Under Pressure: Record World Cup Volumes Meet Legal Battles
While Kalshi recorded $27 billion in trading volume during the World Cup, regulatory pressure in the US and Europe is mounting against event-based betting platforms.
Prediction Markets Under Fire: Why the Financial Loophole for Betting Is Closing Fast
Roman Baranovskyi of SBSB Fintech Lawyers breaks down Portugal's block of Polymarket and the new ESMA stance that could ban binary event contracts across all 27 EU states.
Netflix Documentary Sparks Outrage: Allegations Against Prediction Markets
Netflix is releasing 'The Prediction Games' on July 26. The documentary features $5.6bn in World Cup betting and faces legal threats over alleged Nevada violations.