Kalshi's CEO Wants 1 Set of Rules. The States Want 50.
Tarek Mansour argues prediction markets can police insider trading themselves, but regulators still see a gambling app.
Prediction Markets
Are Prediction Markets Just Gambling? Kalshi CEO Responds
Kalshi CEO Tarek Mansour discusses the fight to regulate prediction markets, why ordinary people can outperform Wall Street, and the future of American capitalism.
The NFL Chooses States, Not the CFTC, in Fight Over Prediction Market Regulation
The league's amicus brief warns about game integrity and underage betting, but the NFL has a financial stake in keeping prediction markets under state control.
Kalshi Says It's a Prediction Market. The 9th Circuit Says It's Gambling.
Prediction markets can no longer offer sports event contracts in Nevada after the appellate court's decision, giving other states a roadmap for regulating the platforms.
New York Wants a $36 Billion Cut From Kalshi, Calling It an 'Illegal Gambling Operation'
Casting Kalshi as an out-of-control gambling platform makes it easier for the state to take money from the company and its users.
Federal Judge Halts Minnesota's Prediction Market Ban, Signaling Other States' Efforts Might Be Illegal Too
A preliminary injunction will keep Kalshi and Polymarket active in the state after a district judge found federal law preempts the state's ban.
Casino Lobbyists Wrote a Letter Attacking Prediction Markets. Maryland Copied It and Sent It to Federal Regulators.
The cronyism committed by the Maryland Lottery and Gaming Control Agency is a little too obvious.
Polymarket's Alleged Fake Trades Don't Justify a Crackdown on Prediction Markets
A Wall Street Journal investigation uncovered $1.9 million in fake bets to market the platform. Punishing the prediction market industry isn't the answer.
Minnesota Law Banning Prediction Markets Creates Victimless Crime
A Minnesota senator got fined for insider trading on a prediction market. His response was to ban the platforms for everyone in the state.
The Federal Government Once Tried To Restrict Prediction Markets. Now It's Suing States To Save Them.
In a bid to “reaffirm its exclusive jurisdiction” over prediction markets such as Kalshi, the Commodity Futures Trading Commission is suing six states for interfering in federally regulated financial markets.
Chaos with the SPLC, Hasan Piker Endorses Violence, and Predictions Markets Run Amok
Robby Soave and Christian Britschgi break down this week’s bizarre turn of events: The SPLC got indicted, and Hasan Piker made more violent comments.
Polymarket Returns to U.S. Users After a Nearly 3-Year Hiatus
The online betting company allows you to stake money on future events.
