Kalshi — News
24 articles mentioning Kalshi.
CFTC Overrules Michigan Court, Orders Kalshi to Honor Existing Prediction Market Trades
The CFTC has ordered Kalshi to ignore a Michigan court order requiring cancellation of sports-related prediction market trades, asserting exclusive federal authority over DCMs and warning that reversing completed trades would undermine market confidence. The agency has also sued nine other states that have attempted to regulate prediction markets as illegal gambling.
XOVR ETF Adds $30M Kalshi Stake, Mirroring Pre-IPO SpaceX Bet
ERShares' XOVR ETF has invested $30 million in prediction market operator Kalshi, making it the second ETF to hold the privately held, CFTC-regulated company, following a strategy similar to its pre-IPO SpaceX bet that drove strong second-quarter returns.
Better Markets Accuses CFTC of Directing Kalshi to Defy Michigan Court Order on Sports Event Contracts
Better Markets criticized the CFTC for ordering Kalshi to defy a Michigan court ruling that required the platform to void and refund sports bets, accusing the agency of inconsistency and overreach. The CFTC had previously allowed Kalshi to void bets in a separate case involving a contract on Ayatollah Khamenei, but now claims that reimbursing Michigan users would create a market emergency.
Google to Ban Real-Money Prediction Market Extensions from Chrome Web Store by August 2026
Google will ban Chrome Web Store extensions that facilitate real-money prediction markets by August 1, 2026, tightening data rules and expanding its gambling advertisement certification requirements. The move follows increased regulatory scrutiny and mirrors prior restrictions on social casino marketing.
Underdog launches wholly owned CFTC-licensed prediction market exchange amid ongoing regulatory uncertainty
Underdog has launched its own CFTC-licensed prediction market exchange, becoming the first sports company to hold the full regulatory license stack, as the industry faces ongoing legal disputes between federal commodities law and state gambling regulations.
2026-07-14RegulationCEO AppointmentCFTCUnited StatesExchange LaunchPrediction MarketsInsider TradingEsports BettingUSLegal ChallengesLicensingLegal BattlesLaunchIntegrationLegal DisputeJeremy LevineMichael SeligKalshiCrypto.comCoinbaseRobinhoodUnderdoga16z cryptoBrian QuintenzSean Patrick MaloneyPatrick McHenryDonald TrumpPolymarket
Kalshi wins partial relief in Michigan as account-based block replaces statewide ban
Kalshi has secured a narrower restriction in Michigan, now blocking only account addresses rather than statewide. The temporary suspension remains until a Monday hearing, while other states also pursue enforcement.
Alberta iGaming Market Launches as bet365, BetRivers, and theScore Bet Go Live; Prediction Markets and Pennsylvania Revenue Set Records
Alberta's regulated iGaming market launched on July 13, 2026, with bet365, BetRivers, theScore Bet, and over 15 other operators going live, while Pennsylvania posted record gaming revenue of $7.01 billion and prediction markets captured 27% of U.S. World Cup betting volume.
2026-07-14AlbertaCanadaLicensingRegulationMarket LaunchEsports BettingOnline CasinoPartnershipMarket EntryFIFA World Cup 2026Customer AcquisitionOntarioNew JerseyWorld CupCross-sellOhioMarket ContractionLegislationCredit CardsRegulated MarketsSportsbook LaunchBet365DraftKingsCaesars SportsbookBetRiversPointsBet CanadaFanDuelBETMGMtheScore BetBally BetBet99Golden Nugget CasinosPlay AlbertaTrip StoddardRush Street InteractiveBetwayBally'sHollywood CasinoRiver Cree iGamingRichard SchwartzBrian SappDan O'TooleDale NallyCaesars888Bally’sPure Casino EntertainmentCanadian Football League (CFL)PENN EntertainmentBally’sAaron LaBergeRobeson ReevesGreg KaramitisBally'sEntainBally's IntralotKalshiFanatics SportsbookBetlyESPN BetPrime SportsbookHard Rock BetBetfredBetrDigital Gaming CorporationbetParxSuperBookTipicoWynnBetStella DavidEd BirkinChad BeynonBally'sBally's
Germany and Spain iGaming Markets in Focus: Conference Lineups and Regulatory Shifts
Two separate iGaming updates cover the 2026 Gaming in Germany Conference with a strong speaker lineup focused on treaty evaluation and market re-regulation, and Spanish regulatory developments including a public consultation on remote gambling amendments and cross-operator deposit limits that could reduce onshore spend by €300 million annually.
2026-07-13GermanyRegulationConferenceSpainPrediction BettingDeposit LimitsTipwinMelchers Law FirmRapani RechtsanwälteBirgitte Sand & AssociatesH2 Gambling CapitalDocaposteWillem van OortDr Damir BoehmDr Christian PiskaDr Joerg HofmannDr Christian RapaniDr Dirk QuermannMathias DahmsChristian HeinsBirgitte SandJosh HodgsonVasiliki PanousiDr Nepomuk NothelferMohamed MessaoudiKaizen GamingPolymarketKalshiXavi Munoz BellvehíCamille GonzálvezJorge HinojosaPatricia Lalanda Ordóñez
Ninth Circuit Panel Presses Kalshi on Tribal Lands Sports Contracts in IGRA Challenge
A Ninth Circuit panel expressed skepticism toward Kalshi's argument that its CFTC-regulated sports contracts are not sports betting, as three California tribes seek to revive an injunction barring the platform from offering those contracts on tribal lands under the Indian Gaming Regulatory Act. The court did not rule from the bench and has no set deadline for a decision.
Italy blocks Polymarket as Gibraltar unveils first dedicated prediction markets regime
Italy has blocked Polymarket for a second time, joining a multi-country European crackdown, while Gibraltar has launched the world's first dedicated prediction markets regulatory framework and licensed its first operators, ADI Predictstreet and WagerWire.
ADI Predictstreet Gains Gibraltar Approval for Expanded Prediction Markets Amidst German Regulatory Probe
Gibraltar-licensed ADI Predictstreet has secured regulatory approval in Gibraltar to expand its prediction markets beyond football to include various other sectors. This expansion comes as the company faces an ongoing investigation from Germany's GGL concerning its advertising practices during the World Cup due to operating without a German license.
DraftKings Initiates DKeX Prediction Market Exchange, Facing Scrutiny Over Investment Returns
DraftKings has launched DKeX, a new prediction market exchange, aiming to generate trading fees and strengthen its market-making capabilities. While CEO Jason Robins is highly optimistic about its potential for growth and integration, analysts question if these revenues will offset the substantial initial investment and projected losses, which could reach hundreds of millions in 2026.