TechnologyBusiness
After Bankruptcy, He Found Kalshi and Gambled Again
A bankrupt man banned from sportsbooks relapsed on prediction market Kalshi, raising questions about gambling addiction and the industry's rapid growth.
—7 min read
Tag
#Cftc
7 articles
BusinessUnited States
After Bankruptcy, a Banned Bettor Found Kalshi
A bankrupt Pennsylvania man banned from sportsbooks relapsed on prediction market Kalshi, raising concerns about gambling addiction and a regulatory gap.
—6 min read
SocietyUnited States
Problem Gambler Finds a New Addiction on Kalshi
A bankrupt Pennsylvania man banned from sportsbooks relapsed on prediction market Kalshi, raising questions about gambling addiction and regulation.
—7 min read
PoliticsFinance
Kalshi Bans George Santos for Life Over Insider Trading
Kalshi issues first-ever lifetime ban to ex-Rep. George Santos, fining him $71,356 for insider trading on State of the Union bets.
—5 min read
FinancePolitics
CFTC Probes Mention Markets as Kalshi Pulls Sports Word Bets
Federal regulators investigate prediction market 'mention markets' after White House teleprompter scandal; Kalshi removes sports word bets.
—7 min read
Business & FinanceTechnology
Kalshi Denies It's a Sportsbook as World Cup Bets Surge
Kalshi processed $40B in World Cup bets while avoiding billions in state taxes. The CFTC-regulated platform faces 30+ lawsuits over its classification.
—5 min read
PoliticsFinance
Minnesota Becomes First State to Ban Prediction Markets
Minnesota Gov. Tim Walz signed the nation's first law banning prediction markets. The CFTC and DOJ immediately sued, setting up a landmark legal battle.
—5 min read