NJ urges SCOTUS to rule that Kalshi sports bets are gambling, not "swaps"
Circuit split raised the odds that SCOTUS will rule on Kalshi fight against states.
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Circuit split raised the odds that SCOTUS will rule on Kalshi fight against states.
The firm, 1789 Capital, led the funding round that reportedly will total around $1 billion.
Have we tried turning off society and turning it back on again?
From threats to the safety of poll workers to voters who can’t distinguish between odds and results, prediction markets are already scrambling the political process.
Jacob Fortinsky, the CEO and cofounder of the new prediction market Novig, says his outfit isn’t like those other markets. You know the ones.
Trump admin claims New York suing Kalshi created "market emergency."
Fire experts warn such markets could incentivize arson.
Judge may allow Minnesota to ban some types of bets, but not all of them.
The prediction market’s Panamanian operation seems odd, even for a company whose CEO had his apartment raided by FBI agents.
One of Kalshi’s most prominent traders tells WIRED he’s swearing off Spotify-related markets until the issue is resolved.
Getting the future right is now big business. But at a festival in Berkeley, forecasters worry that sports markets could take the whole industry down.
It’s the first estimate of how many Americans are sneaking onto Polymarket’s banned crypto-based platform.
Social media posts questioning the integrity of LA’s mayoral election were labeled “paid partnerships.” Then Kalshi and Polymarket told creators to delete them.
FBI: Googler who knew outcome of bets in advance made $1.2M profit on Polymarket.
According to federal prosecutors, Michele Spagnuolo made more than $1 million on the prediction market platform using confidential information about Google Search traffic.