Another state is taking on prediction markets. This time it’s Utah and their target is Kalshi. Per reports, Utah Attorney General Derek Brown has filed a lawsuit against the prediction...
Prediction markets are no stranger to public attacks. It’s been mostly tribal leaders, state lawmakers, and politicians, but even athletes are coming at them. WNBA star Nneka Ogwumike is the...
Wisconsin and leading prediction market platforms like Kalshi and Polymarket are engaged in legislation. One respected academic from the state thinks fears surrounding the industry are overblown. Justin Sydnor, a...
Kalshi is making waves for a political donation that the prediction market platform may benefit from. Per reports, the company donated $50,000 to a group backing Tennessee gubernatorial candidate Marsha...
More regulatory challenges could be coming to prediction markets, with Senator Ted Cruz preparing legislation that would back U.S. states. Cruz’s proposed bill would grant states authority over certain prediction...