Washington Judge Blocks Kalshi Sports Prediction Markets as Illegal Gambling
A Washington state court grants preliminary injunction against Kalshi, deeming its sports prediction markets illegal gambling.
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A Washington state court grants preliminary injunction against Kalshi, deeming its sports prediction markets illegal gambling.
Kalshi and ADI Predictstreet collaborate on a co-branded hub to expand World Cup prediction markets globally.

Kalshi launches crypto perpetuals in the US, but shallow depth and spreads may limit altcoin trading to Bitcoin only.
Kalshi files lawsuit against Illinois and Governor Pritzker challenging a new state regulatory framework for prediction markets.
Prediction market platform TurboFlow secures $6 million seed funding to serve Asian users as a localized alternative to Kalshi and Polymarket.

Kalshi has held preliminary discussions with underwriters about a potential public listing, sources say.
Kentucky filed lawsuits against prediction market platforms Kalshi and Polymarket, accusing them of offering unlicensed sports gambling.