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 [...]

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 [...]

Arizona attorney general sues Kalshi on illegal gambling charges

Kalshi has been sued by Arizona's attorney general for operating an illegal gambling business in the state and unlawfully ‌allowing people to place bets on elections. "Kalshi may brand its [...]

Kalshi fined a MrBeast editor for insider trading

Kalshi, one of several online prediction markets that have exploded in popularity in the last few years, has suspended one of YouTube MrBeast's video editors for insider trading, NPR reports. Bes [...]

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 [...]

YouTube will tighten its policies on illegal gambling content

Since the 2018 Supreme Court decision letting US states legalize gambling, related content has been hard to miss, whether it's odds tickers flashed during sports broadcasts, superstar athletes an [...]

UK agency questions Meta's policies for illegal gambling site ads

The UK Gambling Commission has raised concerns that Meta is ignoring advertisements by illegal gambling websites on its platforms. At a conference in Barcelona, the commission's Executive Directo [...]

Google has reportedly started to add Polymarket data to News results

Google News has begun showing Polymarket bets and odds alongside actual stories, according to a report by Futurism. These look to appear as large blocks that include links to numerous ways for people [...]

The Morning After: Apple’s foldable iPhone may be delayed

Apple has run into “more issues than expected” with its foldable iPhone, which may delay its release, according to the Japanese business newspaper Nikkei. Multiple sources report issues that appar [...]