Massachusetts AG files amended lawsuit against Kalshi over sports betting after court ruling
The amended complaint, granted by a judge on Tuesday, included allegations that Kalshi targeted users under 21 years old through social media and marketing on…
Michigan judge blocks Kalshi from allowing residents to place sports bets
A Michigan Judge has temporarily blocked Kalshi from offering sports betting contracts to residents, escalating the statefederal fight over prediction markets…
Kalshi and Polymarket could become M&A targets as prediction markets consolidate: Bernstein
The broker said operational consolidation is blurring the lines between exchanges, brokerages and sportsbooks, creating conditions for acquisitions across the…
Kalshi seeks funding at $40B valuation, nearly doubling last raise: FT
Kalshi is reportedly in talks to raise new capital at a $40 billion valuation, reflecting growing investor confidence in regulated prediction markets.…
Kalshi targets a massive $40 billion valuation, widening lead over rival Polymarket
The prediction market operator, which is eyeing a potential public debut in 2027, could close a new funding round in Q3, according to a Financial Times report.…
Kalshi sues Illinois officials over prediction markets restrictions
The prediction markets company claimed that it would be “irreparably harmed” when an Illinois law signed as part of a budget package goes in effect on July 1.…
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