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New Mexico tribe and pueblos wrap up case that Kalshi sports betting hurts their sovereignty
The New Mexico plaintiffs' filing cites a new appeals court ruling restoring state regulators' oversight of the prediction market.
Campaign staffers keep trying to bet on races despite push to curb insider trading
Kalshi says it has blocked "dozens" of trades from campaign insiders, but experts say the company's approach leaves lots of potential loopholes. NPR has found at least one trade that slipped through.
Kalshi, Polymarket, growing as political platforms
How election pollsters think about about the rise of prediction markets.
Prediction market fires back on ballot betting guidance
When the Wisconsin Elections Commission said voters cannot bet on an election they cast a ballot in, per state law, Kalshi said that was “illegal.”
New York sues Kalshi, alleging platform is illegal gambling operation
James said prediction markets like Kalshi are gambling platforms that put New Yorkers at risk.
Polls, prediction markets and Oklahoma politics: What you need to know this election season
Oklahoma's primary runoffs are weeks away, but people are already placing bets on who will win. Here is how prediction markets could impact our elections.
Baltimore lawsuits allege illegal sports betting, prediction market gambling on Kalshi, Polymarket
The city of Baltimore is suing two companies over allegations of illegal sports betting and prediction-market gambling.
Trump regulator orders Kalshi to defy Michigan court – escalating battle over prediction markets
The Trump administration took an extraordinary step this week to escalate its nationwide efforts to prevent states from regulating prediction markets, where users can trade on real-world events like sports, politics and pop culture.
Why is a New York-based betting site donating to Idaho politicians?
A donation doesn’t necessarily buy a vote, a Boise State political science professor said. But it “gets you a foot in the door.”
Perplexity, Kalshi, Replit insiders share how to get a startup job
We asked startup founders, recruiters, and hiring managers what to do — and not to do — to boost your chances of getting an offer.
Kalshi draws backlash over race-swapping AI ads
Kalshi said it has curtailed its use of AI ads and is reviewing its relationship with an agency that made the controversial video.
Kalshi goes after the big traders on CME and Cboe’s home turf
Kalshi says its contracts allow for more accurate trading by large institutions.
Claiming Unlicensed Sports Betting, CT Sues Kalshi
According to a statement from Attorney General William Tong, Consumer Protection Commissioner Bryan T. Cafferelli and Gov. Ned Lamont, Kalshi is a financial services company offering an online “event contract” exchange platform, offering yes-no propositions about whether future events will occur.
Trump admin. attempts to stop states from regulating online prediction markets
The Trump administration is attempting to block New York and other states from regulating online prediction markets.
Baltimore sues Kalshi and Polymarket for offering unlicensed sports betting
The battle between sportsbooks and prediction markets continues, in the form of states and local governments attempting to shut down what arguably amounts to unlicensed bookmaking.
Nevada congressmen introduce bipartisan bill to ban sports betting on prediction markets
Rep. Steven Horsford (D-NV) and Rep. Mark Amodei's (R-NV) bill would also ban casino-style games on sites such as Kalshi.
New Jersey Asks US Supreme Court to Assess Power to Regulate Sports Bets on Kalshi
Sept 2 (Reuters) - New Jersey authorities on Wednesday asked the U.S. Supreme Court to resolve whether states have the power to police sports betting that occurs on prediction markets operated by Kalshi and competing platforms. The state asked the Supreme Court to overturn a lower ...
Kalshi Promo Code SBWIRE | $10 Bonus for World Cup, Politics & More (July 2)
Use Kalshi promo code SBWIRE to claim a $10 bonus after your first $10 in trades. New users only. Trade the World Cup, UFC, politics and more.
Alina Habba shuts down speculation she could replace Karoline Leavitt as White House press secretary
Alina Habba publicly dismissed speculation she would replace Karoline Leavitt as White House press secretary, shifting Kalshi odds dramatically.
Kalshi CEO slams founders for being over-reliant on ‘mostly trash’ business advice—he founded his now-$22 billion prediction market as a college grad
Kalshi’s 30-year-old CEO says most business advice is ‘trash’—he doesn’t read management books or listen to podcasts: ‘I’m gonna make it up as I go’
Kalshi scrutinizing longshot bets that correctly predicted Trump’s next press secretary
The trades surrounding Zacharia’s selection as press secretary took place on so-called “knowable markets,” which experts say are more susceptible to insider trading.
Kalshi says it's not a sportsbook even as World Cup bets surge
The betting site Kalshi emerged as a dominant sports betting platform during the World Cup. But the company avoids billions of dollars in taxes by insisting it is not a sports gambling operator.
Federal regulator probing Trump critic Adam Kinzinger for betting on his own pardon
Federal regulators are investigating former Rep. Adam Kinzinger for trading on the prediction platform Kalshi about a pardon he received from former President Joe Biden, two sources familiar with the matter told CNN.
Prediction market Kalshi sues Illinois over its push to regulate sports bets
Suit seeks to block new taxes and licensing requirements set for July 1
Kalshi permanently bans ex-Congressman George Santos for life after concluding he likely was insider trading
The company announced the ban after saying its compliance department had established reasonable cause to believe Santos engaged in insider trading over his attendance at the State of the Union, when he turned a $17,839 profit on his trading activity.
Kalshi demands Netflix take down trailer for ‘misleading’ prediction market documentary
The prediction market Kalshi threatened legal action against Netflix on Friday, claiming a trailer for its upcoming documentary about the industry contains defamatory and “fabricated” content, according to a letter obtained by CNN.
Prediction market Kalshi sues Illinois over its push to regulate sports bets
The most recent move in the ongoing legal battle between the state and prediction market operators came after the state enacted new sports wagering taxes to support the $55.9 billion budget it passed this spring.
Decision Desk calls the Governor's race a toss-up. Kalshi traders have Byron Donalds at 77%
Traders still like Donalds and Ashley Moody. CD 22 is a coin flip.
Tribal Nations Urge Supreme Court to Halt Prediction Market Sports Betting
A broad coalition of Tribal Nations and Tribal organizations is urging the U.S. Supreme Court to take up a case involving prediction market company Kalshi and determine whether its sports-event contracts constitute sports betting subject to federal, state and Tribal gaming laws. In an amicus brief filed in Flaherty v. KalshiEX, the Tribal coalition argues […]
Polls, prediction markets and Oklahoma politics: What you need to know this election season
Oklahoma’s primary runoffs are weeks away, but people are already placing bets on who will win. Here is how prediction markets could impact our elections.
Feds probe Adam Kinzinger’s Kalshi bets on Biden pardons
Kinzinger allegedly made the trades in December 2024, betting that he would receive a pardon from then-President Joe Biden.
Baltimore sues Kalshi and Polymarket for offering unlicensed sports betting
The battle between sportsbooks and prediction markets continues, in the form of states and local governments attempting to shut down what arguably amounts to unlicensed bookmaking.
Kalshi Won’t Take Bets on Supreme Court Case Threatening Its Business. Polymarket Might.
A Kalshi spokesperson says the platform won’t offer a market predicting whether the Supreme Court will hear a case regarding sports prediction markets or a market on the decision in that case.
Betting On Hawaiʻi Politics Is Legal Despite State’s Gambling Ban
Users can now wager on when indicted Lt. Gov. Sylvia Luke may resign on the prediction market app Kalshi, which is not covered by Hawaiʻi’s gambling law.
Most Business Advice Is 'Trash,' Says Kalshi CEO. But There’s a Catch
Great leaders know when to trust their instincts and when seeking advice is the smartest move they can make.
New Jersey asks US Supreme Court to assess power to regulate sports bets on Kalshi
New Jersey authorities on Wednesday asked the U.S. Supreme Court to resolve whether states have the power to police sports betting that occurs on prediction markets operated by Kalshi and competing platforms.
CT sues Kalshi over unlicensed sports betting
State Attorney General William Tong said what the app does constitutes gambling — making it subject to Connecticut consumer protection laws.
Prediction markets spend millions to influence state, federal governments
Kalshi, Polymarket and the Coalition for Prediction Markets have spent at least $3 million this year on lobbying and campaign contributions across the federal and state levels, according to a
Young Kalshi users have traded an estimated $3.9B on sports and parlay-type contracts this year, exposing a loophole that lets them bet before age 21
Critics warn prediction markets let 18-year-olds make sports wagers while bypassing state betting age limits.
Flutter Entertainment Stock Falls as Rising Prediction Market Volumes Pressure Traditional Gambling
Flutter Entertainment stock drops nearly 4% as rising prediction market volumes from platforms like Kalshi pressure traditional sportsbooks.
Polymarket, Kalshi expand political donations as firms face state, federal scrutiny
By Douglas Gillison WASHINGTON, Oct 22 (Reuters) - Prediction market operators Kalshi, Polymarket and their founders have given at least $5 million combined to Republican and Democratic political
Kalshi ordered to shut down sports and election prediction markets in Washington state by Sept. 2
A Seattle judge ordered Kalshi to geofence Washington users out of its sports, elections and entertainment markets by Sept. 2, and threatened the prediction market platform with $120,000-a-day penalties for missing the deadline. Kalshi's motion to pause the order while it appeals was denied at both the trial court and the Washington Court of Appeals.
Political operatives warn campaigns: Don’t trust prediction markets
Political prediction markets like Kalshi and Polymarket are gaining traction, but campaign operatives warn their election odds can be misleading.
Appeals court rules that states can regulate Kalshi’s sports prediction markets, dealing another legal blow to platforms
The decision is the second in less than a month by an appeals court that states have a role in regulating sports-related event contracts.
Kalshi suspends N.C. GOP candidate for U.S. House
“I bet on myself,” GOP candidate Laurie Buckhout says.
‘The first prediction-market election’: How Kalshi and Polymarket scrambled the midterms
Wagering is affecting nearly every aspect of the midterms — from campaigns to election officials, voters, donors and traders — according to interviews with 20 people involved in elections and prediction sites.
Exclusive: Kalshi partners with U.S. Hispanic Chamber of Commerce
Kalshi is partnering with the U.S. Hispanic Chamber of Commerce to provide training and resources on risk management to entrepreneurs.
Exclusive: Kalshi launches ‘Blanket’ to help small businesses hedge against risk—with help from the guru of ‘hypergamblification’
Lauris Zminsky says "a lot of young people are embracing lottery-ticket economics" — but his new project with Kalshi is totally separate from that.
Prediction market Kalshi sues Illinois over its push to regulate sports bets
Prediction market Kalshi — which offers trades on everything from the World Cup top goalscorers to the winners of the reality show Love Island and the 2028 Democratic primary — sued Illinois on Tuesday over its latest push to regulate sports bets on the platform.
Prediction markets’ trading volume doubled between May and July, largely driven by sports
Prediction market trading on Kalshi and Polymarket doubled from May to July, mostly due to a large uptick in sports trading.
Prediction market Kalshi sues Illinois over its push to regulate sports bets
Article Summary Prediction market Kalshi sued Illinois on Tuesday, seeking to block new taxes and license requirements set to take
Prediction markets surge in US as public health advocates call for support to combat gambling
Platforms like Kalshi and Polymarket operating in areas with limited resources for people with gambling problems
The Athletic in Serious Talks With Kalshi for Sponsorship Deal
A deal has yet to be finalized.
Easy money or risky business? What can Hong Kong do as prediction markets boom?
Despite official warnings ahead of World Cup, Polymarket and Kalshi remain popular with residents who bet on everything from politics to weather.
NM lawmaker urges tribes to reopen gaming compact to allow online sports betting
Rep. John Block's comments came as the state and several pueblos are suing online platform Kalshi allegedly allowing illegal sport gambling.
Federal court rules Kalshi is subject to Tennessee’s gambling laws for sports contracts
The 6th Circuit Court of Appeals ruled that prediction market Kalshi’s sports-event contracts are subject to Tennessee’s sports-wagering laws
Prediction markets are skeptical of California's billionaire tax
Kalshi and Polymarket bettors are unsure if California Gov. Gavin Newsom can prevent a proposed billionaire tax from reaching voters.
World Cup created a ton of momentum for our business: FanDuel president
FanDuel President Christian Genetski discusses sports betting ahead of the NFL season and New York suing Kalshi over alleged unlicensed betting on ‘The Claman Countdown.’
Kalshi bans ex-Rep. Santos after concluding he likely was insider trading
On the eve of Trump’s speech, Kalshi put the odds of Santos attending at close to 75%.
NJ wants US Supreme Court to review Kalshi’s sports markets
New Jersey wants the U.S. Supreme Court to review whether states can regulate prediction markets' sports bets.
Bets on midterm endorsements, rallies, dropouts and debates raise insider trading concerns
Super-specific midterm “knowable” markets have attracted more than $20 million in trading volume, according to an analysis from the Anti-Corruption Data Collective.
Kalshi’s Core Business May Already Be in Serious Trouble
States are cracking down on sports betting, and a major court ruling bodes poorly for the prediction-market giant.
The battle for Congress gets a Wall Street-style scoreboard powered by real-money bets
Kalshi's new Midterms Hub combines live prediction markets with polling, fundraising data and historical results to track House, Senate and governor races.
Kalshi bans ex-Congressman George Santos for life after concluding he likely was insider trading
The online prediction market platform Kalshi has permanently banned former U.S. Rep. George Santos after concluding the former Republican congressman likely engaged in insider trading when he bet against his attendance at the State of the Union address.
New $55 Kalshi referral code “OREGONLIVE55” updated for politics and Friday MLB live odds
The Kalshi referral code OREGONLIVE55 now carries its $55 bonus to every Kalshi market—deposit $25, trade $80 on Mariners–Astros, Dodgers–Padres and Senate odds.
Kalshi bans ex-congressman George Santos from prediction platform for life
Santos was accused of profiting from bets tied to his attendance at Trump’s State of the Union address
Small businesses use Kalshi to hedge financial risks
An expert weighs in on how businesses are using prediction-market contracts to hedge against financial risks.
Patriots vs. Raiders Odds: FanDuel, Kalshi, Polymarket and Prediction
The New England Patriots are favored to get back above .500 on Sunday, but the Week 5 betting board is sending a more cautious message about how comfortable that victory might be.New England enters at 2-2, while the Las Vegas Raiders are 3-1 and have covered the spread in all four games.The Patriots also head […] The post Patriots vs. Raiders Odds: FanDuel, Kalshi, Polymarket and Prediction appeared first on HEAVY.
Kalshi Promo Code SBWIRE | $10 Bonus for World Cup, Politics & More (July 3)
Use Kalshi promo code SBWIRE to claim a $10 bonus after your first $10 in trades. New users only. Trade the World Cup, UFC, politics and more.
WATCH: Trump believes his Kalshi-betting teleprompter operator is a 'disgrace,' Leavitt says
Leavitt added that no other staffers are under investigation and that the White House counsel had no awareness of the alleged bets.
Prediction markets are now ‘bespoke insurance’ for businesses, and a Los Angeles restaurant group’s $60,000 hedge on Kalshi is the latest example
One unnamed hospitality group placed a $60,000 trade on Kalshi to offset revenue losses from the Dodgers’ World Series miss, according to the platform.
Federal agency intervenes in Michigan's legal fight over Kalshi sports contracts
A federal board charged with overseeing futures trading is barring a popular prediction market from implementing a new rule after being ordered to cease sports betting operations in the state.
After court ruling, Ohio Gov. Mike DeWine to hold Kalshi accountable for operating illegally
Ohio Gov. Mike DeWine is promising to hold prediction market platform Kalshi accountable for skirting state gambling regulations for years after a federal court ruling.
White House operator on leave after betting scandal investigation
Gabriel Perez, White House teleprompter operator, faces a CFTC probe for reportedly earning $100K from bets on Trump's speeches using Kalshi.
Please Stop Conflating Sports Betting Handle With Spending On Entertainment
Editor’s note: The Cashout for paid subscribers will publish on Tuesday. Every September there’s a huge uptick in how much people bet on sports with the start of football season. Which means it’s time to get ahead of a ridiculous narrative before it picks up steam on social media or in mainstream media. Subscribe Every few months I see some version of this: [ Charlie Bilello@charliebilello Americans bet over $165 billion on sports last year, which is more than they spent on movies, books, concerts and sports tickets - combined. 1:00 PM · Jun 28, 2026 · 4.1M Views 258 Replies · 674 Reposts · 4.23K Likes ](https://x.com/charliebilello/status/2071217050328895935?s=20) Fortune published this in July. The headline and start of the story tell the same narrative (emphasis added): Gambling becomes America’s favorite pastime as Americans spend more on sports bets than movies, arts, museums, and music combined: The North American box office totaled $8.87 billion in 2025, which is still 22% below pre-pandemic levels. Recorded music revenue hit a record $11.5 billion. Live music like concerts and festivals brought in $18.51 billion. Meanwhile, book publishers tracked by the Association of American Publishers reported $14.6 billion for the year. And the U.S. museum industry generated an estimated $16.4 billion. Add it up and the total comes to roughly $70 billion, which is less than half what Americans wagered on sports. The story, to its credit, goes on to tell us why sports betting is entirely different, although people who only read headlines will miss that nuance. (The tweet above definitely skips over the nuance.) I will mostly be preaching to the choir here, but it’s worth saying out loud: Wagering money on sports is not the same thing as spending on entertainment from a financial perspective. When you spend money on a movie or concert ticket, that money is gone. You exchanged money for an experience. It’s a good trade! I get to have fun for “x” dollars. (Unless the movie sucks, I guess.) When you bet money on sports, the money is not necessarily gone every time you wager it. It could be gone, but sometimes it’s not and you actually get more money back! That’s not “spending” money or something you should try to compare directly to entertainment spend. A far better comp would be how much people lose at sports betting. That number was more like $17 billion in the US last year, at least for state-regulated sportsbooks. Why are we trying to equate handle and entertainment spending? I dunno. It makes for splashy headlines, I guess. Now, people should be betting for entertainment, and not because they expect to win in the long term; no doubt about it. Anyway, here’s hoping I don’t see people saying Americans “spent” hundreds of millions of dollars on sports betting this fall. Mindway AI and DraftKings Expand Responsible Gaming Drive with Launch of Gamalyze American Football In time for the NFL kickoff, Mindway AI has expanded its partnership with DraftKings to launch Gamalyze American Football the second title in the neuroscience-based Gamalyze Sports collection. Following the success of Gamalyze Football (soccer) during the FIFA World Cup, this gridiron-themed update replaces static questionnaires with immersive, stadium-inspired gameplay. Backed by 10+ years of Aarhus University research, Gamalyze evaluates real-time decision-making to deliver instant, unbiased player risk assessments. Integrated into DraftKings’ platform and nationwide activations, it engages fans when excitement peaks. Ready to upgrade your player protection? Contact Mindway AI to try Gamalyze Sports today. Gambling news roundup 🚨The important stuff 1st NFL Sunday of Season ‘Champagne-Popping Day for Bettors’ (Covers): “The first NFL Sunday of the season was a champagne-popping day for bettors, while the book was left cleaning up the corks,” Caesars’ head of football Joey Feazel said prior to the Sunday night game. “Caesars Sportsbook reported that Detroit’s Jahmyr Gibbs, Baltimore’s Derrick Henry, Indianapolis’ Jonathan Taylor, and Atlanta’s Bijan Robinson were among the top five most-bet players to reach the end zone, and all of them cashed tickets.” [ Ben Fawkes@BFawkes22 A @CaesarsSports oddsmaker on how Week 1 has gone so far: “The first NFL Sunday of the season was a champagne-popping day for bettors, while the book was left cleaning up the corks.” ➡️8 of 10 most popular anytime TD scorers cashed 1:31 AM · Sep 14, 2026 · 276K Views 16 Replies · 16 Reposts · 615 Likes ](https://x.com/BFawkes22/status/2099310001927995849?s=20) 🔍 Are we already getting a “customer-friendly results” narrative in Week 1? NFL Commissioner Roger Goodell spoke with CNBC about the prediction markets industry: “We think that there needs to be stronger regulations into the predictive markets,” Goodell said. “We want to see that to protect the integrity of our game. We want to make sure we’re protecting the consumers that are on those platforms for the NFL. So, we’re continuing to have conversations with them and talk to them about the things that we think they need to do to strengthen that so that they could be potential partners at some point in the future.” More on the NFL + PMs: [ Straight to the Point Quid Pro Quo The NFL has asked Kalshi and other prediction markets to remove certain easy to manipulate markets. Does a potential partnership hang in the balance… Read more 6 hours ago · 19 likes · Steve Ruddock ](https://straighttothepoint.substack.com/p/quid-pro-quo?utm_source=substack&utm_campaign=post_embed&utm_medium=web&embedding_publication_id=1472492) Kalshi was on my podcast?: Kalshi was on my podcast [ The Event Horizon Episode 32: Talking Prediction Market Enforcement With Kalshi’s Robert DeNault Kalshi? On my podcast? Yep… Listen now 5 hours ago · 6 likes · 1 comment · Dustin Gouker ](https://nexteventhorizon.substack.com/p/episode-32-talking-prediction-market-enforcement-kalshi?utm_source=substack&utm_campaign=post_embed&utm_medium=web&embedding_publication_id=1472492) DraftKings Enhances Responsible Engagement Efforts With New Customer Initiatives, Tools and Education (press release): DraftKings Inc. today announced a series of new initiatives designed to promote responsible engagement and increase awareness and use of the tools and resources to help customers make informed decisions and engage responsibly. The efforts include a new digital advertising campaign featuring Kevin Hart and Nick Jonas that promotes responsible engagement, a PGA TOUR sweepstakes that promotes customer engagement with responsible engagement features, the launch of Gamalyze American Football in collaboration with Mindway AI, and new custom cool-off options that give customers enhanced flexibility when choosing a cool-off period. The initiatives build on DraftKings’ commitment to making responsible engagement an integral part of the customer experience and providing players with accessible tools and resources that help them make informed choices about their gaming experience. “At DraftKings, responsible engagement is embedded in how we operate and is essential to building trust with our customers and our long-term sustainability,” said Lori Kalani, Chief Responsible Gaming Officer at DraftKings. “We’ve continued to invest in tools and resources that give customers enhanced access to information about their play and more choices for managing how they engage. From My Budget Builder and My Stat Sheet to player-set limits and new custom cool-offs, we’re continuing to evolve our approach while promoting awareness and use of the tools and resources available to help customers play responsibly.” … DraftKings is launching a new digital advertising campaign featuring Kevin Hart and Nick Jonas that continues the pair’s road trip and promotes responsible engagement and awareness of the tools and resources available to help customers make informed choices about their gaming experience and engage responsibly. The campaign was initially launched on Sep. 10th and will reach customers through digital channels, bringing responsible engagement messaging to fans in an engaging way. bet365 Launches “The Matchup,” a New Weekly Video Podcast Hosted by Super Bowl Champions Chris Harris Jr. and Emmanuel Sanders (press release): "bet365, a global leader in online sports betting and gaming, today announced the launch of “The Matchup,” a new weekly video podcast hosted by former Super Bowl Champions Chris Harris Jr. and Emmanuel Sanders. Featuring current and former NFL players, the original series marks a significant, intentional investment in football as bet365 works to become a go-to destination for U.S. bettors throughout the season. “The Matchup” premieres September 10, with new episodes released weekly in both video and audio formats. Full episodes will be available on YouTube, Apple Podcasts, Spotify and wherever podcasts are available, with clips and additional content rolling out across YouTube, X, Instagram, Facebook, Threads, and TikTok. The show is being produced by Last Row Digital Media. Each week, Harris and Sanders will be joined by guests from across the game to break down the biggest NFL matchups, unpack the latest league news and share perspectives that go beyond the box score. By bringing together two former players with distinct perspectives and firsthand experience, “The Matchup” will give audiences timely context and a deeper understanding of the teams, players and storylines shaping the week ahead. “Every great football conversation starts with a matchup—who has the edge, what everyone is overlooking and what could change the game,” said Chris Harris Jr. “Emmanuel and I have experienced the game from different perspectives, and we want the audience to feel like they are part of the conversation and leave every episode knowing more about the week ahead.” Today’s iGaming companies face new litigation threats as expansive consumer protection statutes spark lawsuits with sky’s-the-limit aspirations, sometimes backed by private funders. Clients of Ifrah Law have a staunch defender in Robert Ward – an agile litigator and case tactician who responds to the changing state of play with creative legal defenses and efficient case-closing strategies. Robert draws on federal clerkship experience and appellate defense work to advise iGaming clients on litigation exposure, white-collar risk, and regulatory defense across multiple jurisdictions. Read More: Robert Ward on Helping iGaming Clients Outmaneuver Lawsuit-Obsessed Adversaries 🔮 Prediction markets Update on legal action in Connecticut: [ Daniel Wallach@WALLACHLEGAL Connecticut says gaming service license holders which received subpoenas over sports prediction markets “are not under investigation” by the @CTDCP but may possess information that could assist the state “in evaluating the conduct of prediction market platforms.” 2:31 PM · Sep 13, 2026 · 844 Views 5 Likes ](https://x.com/WALLACHLEGAL/status/2099143914271670576?s=20) American Gaming Association Opposes CFTC Bid to Block New York Prediction-Market Enforcement (DeFi Rate): “The brief points to the Ninth Circuit’s Aug. 28 decision in KalshiEX LLC v. Assad, which the AGA says supports New York’s authority to regulate sports contracts as gambling. It also cites Kalshi advertising, product comparisons and reporting on Kalshi’s sports volume to argue that the economic product resembles a sportsbook wager more than a conventional financial hedge.” [ Daniel Wallach@WALLACHLEGAL AGA intervenes in CFTC v. NY case to oppose CFTC request for preliminary injunction, says the CFTC’s arguments “obfuscate a simple truth: prediction markets offer sports betting.” Highlights CA9 decision, @DustinGouker (6x), and $1.32 billion in OSB taxes for NY (0 from PMs). Daniel Wallach @WALLACHLEGAL High stakes hearing on Monday in CFTC v. New York State. If SDNY judge Lorna Schofield denies the CFTC’s motion for preliminary injunction, the New York AG would have a clearer path for securing a state court geofencing order against Kalshi, Coinbase, and Gemini Titan. 2:08 AM · Sep 13, 2026 · 4.78K Views 1 Reply · 2 Reposts · 8 Likes ](https://x.com/WALLACHLEGAL/status/2098957043474280584?s=20) Gaming Commission remains member of gambling council after questions raised over ties to Kalshi (Mass Live): “The Massachusetts Gaming Commission will not follow the leads of gaming regulators in Ohio and Michigan and drop ties with the National Council on Problem Gambling over its new association with Kalshi.” Sponsor’s messageTrusted Voices: Conversations About Betting is designed to equip adults, including parents and coaches, with tools and resources to talk to young people about gambling, including information on warning signs, risks and proxy betting. The program is led by retired professional basketball player Randy Livingston and his wife, basketball agent Anita Smith, who share their personal stories related to problem gambling, with the hope of preventing others from experiencing similar harms. Learn more and join the conversation here. 📣 Industry news Gaming M&A: Latest Mergers, Acquisitions and Deals (SBC Americas): “But what else is happening in the world of gaming mergers, acquisitions, investments, and partnerships? Here, we round up some of the news you might have missed.” BetMGM Named Official Sports Betting and Online Casino Partner of the Minnesota Vikings in Canada (press release): BetMGM, a leading iGaming and sports betting operator, announced a multi-year partnership with the Minnesota Vikings, naming it the Official Sports Betting Partner and Online Casino Partner of the team in Canada. The agreement gives BetMGM rights to use Vikings marks across approved sports betting, online casino and marketing activities in Canada. In addition, Vikings Big Kick LuckyTap™, a casino game by Design Works Gaming, is available now exclusively at BetMGM Casino in Alberta and Ontario. “Vikings fans bring a level of passion and loyalty that extends well beyond game day,” said Matt Prevost, Chief Revenue Officer at BetMGM. “As the home of one of the largest collections of sports-themed casino content in North America, BetMGM is uniquely positioned to combine sports fandom with iGaming. We are eager to start football season off strong with another fantastic partnership especially as we expand our reach in Canada to Alberta.” Martin Nance, Minnesota Vikings Chief Marketing Officer, said, “As we continue to deepen our connection with Vikings fans across Canada, we’re proud to welcome BetMGM as the team’s official sports betting and online casino partner in Canada. Their commitment to innovation and fan engagement aligns well with our organization, and we’re excited to create memorable experiences that celebrate Vikings football and connect with Canadian fans in new and meaningful ways.” Caesars Entertainment Launches Ball Rush Jackpots™ in New Jersey,the Latest Proprietary Online Title from Empire Creative™ (press release): Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) today announced the launch of Ball Rush Jackpots™, a new ball-and-peg style online casino game developed by Empire Creative™, the Company’s in-house game development studio. Now live in New Jersey across Caesars Palace Online Casino, Caesars Sportsbook & Casino and Horseshoe Online Casino, Ball Rush Jackpots is expected to become available in additional jurisdictions where Caesars offers online casino gaming following regulatory approval. The title expands Caesars’ growing portfolio of proprietary online casino titles, following the successful launch of Ca$hline™ earlier this year and further diversifying the Company’s lineup beyond traditional slots and table games. Ball Rush Jackpots follows the traditional ball-drop gameplay experience where players drop a ball down a board filled with pegs to land in a prize slot. As balls navigate independently through a field of pegs, every drop creates new opportunities to collect feature symbols, unlock bonuses and pursue jackpots, delivering a different experience with every round. “Ball Rush Jackpots delivers a different kind of casino experience for our players, combining easy-to-understand gameplay with meaningful customization, exciting bonus opportunities and jackpot potential,” said Matthew Sunderland, Senior Vice President and Chief iGaming Officer at Caesars Digital. “As we continue expanding our proprietary content portfolio, we’re focused on creating games that are simple to pick up, rewarding to revisit and designed around the features players enjoy most.” Bally’s Corporation Secures New Financing to Support the Development of the Bally’s Bronx Project (press release): Bally’s Corporation (NYSE: BALY) (“Bally’s” or the “Company”) announced today that it secured new financing led by WhiteHawk Capital Partners, LP to fund further development of the Bally’s Bronx project and general corporate purposes. The new financing comprises closing date term loan commitments in an aggregate principal amount of $400 million and delayed draw term loan commitments in an aggregate principal amount of $160 million (together, the “Facilities”). … Bally’s Chairman of the Board, Soo Kim, commented, “This important financing allows us to progress the pre-construction planning process so that we are ready to complete the remainder of the capital raise and remain on schedule. Furthermore, the additional liquidity provides us greater flexibility for other capital opportunities.” WORLD JAI ALAI LEAGUE LAUNCHES CENTENNIAL SEASON AND ENTERS NEXT CHAPTER IN MIAMI (press release): The World Jai Alai League will open its 2026 fall season on Tuesday, September 15 at Miami’s JAM Arena, beginning a milestone season that marks 100 years since professional Jai Alai first arrived in Miami. Season X, the tenth season of the Battle Court team-based competition launched in 2022, will also be the first since entrepreneur and sports asset investor Rob Gough acquired the World Jai Alai League in August 2026. The acquisition marks the beginning of a new chapter for the league. World Jai Alai League will maintain the existing Battle Court competition and operating format, with Chief Operating Officer Scott Savin overseeing Season X. Gough and his team will use the coming months to listen to players and fans, evaluate opportunities across the league, and execute plans for a broader evolution of Jai Alai’s presentation, live experience, media, marketing and commercial strategy beginning in 2027. “This is a really unique moment for Jai Alai,” said Rob Gough, Owner of the World Jai Alai League. “We have a sport with more than 100 years of history in Miami, extraordinary athletes and incredible speed, but I also believe there is enormous untapped potential.” bet365 reveals most popular online slots in 3 US states in August (SBC Americas): “In its monthly Gaming Insights and Performance report, growing online casino operator bet365 tracks player trends and game performance in online slots across its North American online casino markets.” The Closing Line is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe
Kalshi Bans George Santos for Life Over State of the Union Bets
The decision comes after a federal regulator alleged he made more than $17,000 by placing bets on his attendance at the State of the Union address.
$10 Kalshi referral code “OREGONLIVE1” extended to politics odds
Kalshi referral code OREGONLIVE1 unlocks a Spend $10, Get $10 bonus, now valid on politics. See live Kalshi All-Star Game and 2028 Democratic nominee odds.
Prediction markets Swell to 27% of sports bets during World Cup
Kalshi, the biggest player, has repeatedly broken its own trading records during the World Cup.
Sports betting industry spending on US midterm elections surpasses $72 million
DraftKings, FanDuel and other online sports betting companies have ramped up election spending on the U.S. midterms to at least $72 million so far, the latest campaign election data shows, as prediction markets like Kalshi and Polymarket bring fresh scrutiny — and competition — to online betting.
2 Mississippi State football players caught sports gambling on NFL, NBA
Documents show two Mississippi State football players were caught sports gambling on the Super Bowl and NBA using Kalshi in February.
US Open Signs Exclusive Deal With Kalshi
The surprise deal was reached just ahead of this year’s main draw.
3 Stocks With Exposure to Prediction Markets as US Event Trading Grows
Prediction markets tied to sports, politics and real world events are suddenly trading like mainstream derivatives, and that surge is colliding with listed US exchange operators that already run futures and options markets. A new player like Kalshi floating an IPO story at a reported US$40b valuation hints at fresh competition and fresh demand. This piece walks through three stocks from the US regulated derivatives and exchange operators screener that appear positioned as potential winners...
The Ninth Circuit rules Kalshi sports contracts on tribal lands likely violate federal law
The US Court of Appeals for the Ninth Circuit ruled Wednesday that Kalshi is likely violating federal law by allowing users to wager on sporting events from tribal land. The court held that two federa...
GOP Rep. Steil pushes bill curbing members of Congress from prediction market betting
The new proposal on limits on members of Congress making such bets come as scrutiny increases on prediction markets like Kalshi and Polymarket.
Connecticut sues Kalshi to block alleged unlicensed sports gambling
The Connecticut Office of the Attorney General announced the lawsuit.
Kalshi's head of research weighs in on election betting, possible regulations
Nicole Kagan, Kalshi's head of research, joined California 360 to explain the platform's purpose and safeguards.
DraftKings Dips as Adjusted Data Narrows Kalshi's 76% Prediction-Market Lead; Robinhood and Flutter Entertainment Slip
Kalshi's grip on NFL prediction-market volume looks overwhelming until Needham adjusts for how professional traders inflate exchange counts, and that one tweak changes the stakes for DraftKings stock in ways the headline number hides.
Kalshi fines Republican in key House race, bans George Santos for life, after insider trading probes
The prediction market Kalshi on Monday fined the Republican nominee in a competitive House race and imposed its first-ever lifetime ban, against former Rep. George Santos, after insider trading investigations.
State judge orders Kalshi to stop offering sports bets and other wagers
Kalshi ordered to stop offering bets in Washington, must implement geofencing.
Gender-affirming care, Russia sanctions, Kalshi: CT politics news
Plus: A ruling on HUD funding, Connecticut's CEO-worker pay gap, 'Sales-Tax-Free' Week and a storm forces a Ryan Fazio event to relocate.
Federal judge denies Kalshi's request to override N.Y.'s gambling laws
The prediction market company is pushing back.
Prediction market Kalshi sues Illinois over its push to regulate sports bets
Prediction market Kalshi sued Illinois on Tuesday, seeking to block new taxes and license requirements set to take effect July 1.
Small businesses roll the dice on Kalshi to manage their risks
Republican Candidate in Key House Race Bet on Her Own Campaign
The trading platform Kalshi issued a three-year suspension to the candidate, Laurie Buckhout, and fined her nearly $2,600. Ms. Buckhout said she had made a “dumb mistake.”
MLS Predictions: Moneyline Picks for Every Matchday 22 Game
Jason Ence breaks down his MLS moneyline picks and predictions for every Matchday 22 game, with the latest Kalshi probabilities for all 15 matches.
OpenAI Is Showing Kalshi’s World Cup Odds in ChatGPT
The partnership, a first of its kind for the artificial intelligence company, will use the prediction market’s data to power some search results about the soccer tournament.
Who’s in Charge of the Oklahoma Tribe Doing Business With Kalshi?
One tribal leader says Kalshi was duped by an impostor who had no authority to enter into an agreement with the company.
Gender-affirming care, Russia sanctions and Kalshi: CT politics news
by CT Mirror Staff, CT Mirror August 14, 2026 These news briefs are part of The Connecticut Mirror’s 2026 political coverage. For more news about the 2026 legislative session, campaigns, elections …
Tunica-Biloxi Tribe set to launch prediction market app with Kalshi
The app will allow customers to bet on real world events, such as weather forecasts, political races and Oscar winners through SaltTrade Derivatives, a new tribal business that harkens back to the Tunica-Biloxi’s history as salt traders.