Kalshi also issued a five-year suspension and a penalty of $6,229.30 to independent Mark Moran, a Senate candidate in Virginia, […]
Category: prediction markets
More than half of all “long shot” bets on Polymarket pay off
Kalshi, Polymarket’s major rival, has heavily promoted its own efforts, including a partnership with market surveillance company Solidus Labs, as […]
Soldier won $410K in Polymarket bets on timing of Maduro capture, US alleges
A US Army soldier was arrested for insider trading after being accused of making prediction-market wagers on the timing of […]
Sports bets on prediction markets ruled to be “swaps,” exempt from state laws
Court rules US preempts states from applying gambling laws to prediction markets. An advertisement for prediction market Kalshi at a […]
Arizona indicts prediction market Kalshi for running illegal gambling operation
Arizona’s attorney general filed criminal charges against prediction market Kalshi, accusing it of operating a gambling business without a license […]