New Jersey has no right to ban Kalshi's prediction market, US appeals court rules

Kalshi can't be stopped in New Jersey. A 3rd US Circuit Court of Appeals panel ruled on Monday that New Jersey has no authority to regulate Kalshi's prediction market allowing people to bet [...]

Nevada sues Kalshi for operating a sports gambling market without a license

Nevada is taking action against the rapidly growing Wild West of prediction markets. The state's gambling regulators and attorney general sued Kalshi on Tuesday. They accuse the company of bypass [...]

Semafor’s Liz Hoffman on what CEOs are saying about economy at Semafor Summit

Semafor’s Liz Hoffman on what the CEOs are saying about the economy at Semafor Summit [...]

CFTC sues three states for trying to regulate prediction markets

The US Commodity Futures Trading Commission is suing Illinois, Arizona and Connecticut for attempting to outlaw or regulate prediction markets like Kalshi and Polymarket. The CFTC believes it has sole [...]

Shell Foundation CEO Jonathan Berman talks blended finance at Semafor Summit

Shell Foundation's chief executive officer Jonathan Berman talks blended finance at the Semafor Summit [...]

Ferrovial CEO Ignacio Madridejos talks infrastructure at Semafor Summit

Ferrovial chief executive officer Ignacio Madridejos talks about infrastructure at the Semafor Summit [...]

New York Attorney General sues two prediction markets on illegal gambling allegations

New York is the latest state to take a stand against prediction markets. Attorney General Letitia James has sued Coinbase Financial Markets and Gemini Titan on charges that both are illegally running [...]

Zerohash CEO Edward Woodford talks advantages of OCC charter at Semafor Summit

Zerohash CEO Edward Woodford talks advantages of OCC charter at Semafor Summit [...]

Take-Two CEO Strauss Zelnick 'encouraged' by AI developments at Semafor Summit

Take-Two CEO Strauss Zelnick 'encouraged' by AI developments at Semafor Summit [...]