Robinhood Adds OG.com Routing Deal and Takes Stakes in Crypto.com and OG.com
Robinhood is taking equity stakes in Crypto.com and its $5 billion prediction-market spinout OG, weeks after praising Rothera, the rival…
Tag: Kalshi
Kalshi Starts NFL Week 1 With New York Seeking $36 Billion and Player-Availability Markets Pulled
Kalshi is marketing NFL Week 1 event contracts to consumers as New York Attorney General Letitia James pursues a $36…
Ninth Circuit Lets Nevada Enforce Sports-Betting Rules Against Kalshi, Deepening Split Before Supreme Court
A unanimous Ninth Circuit panel ruled August 28 that Nevada can enforce its gaming laws against Kalshi's sports-event contracts, directly…
New Jersey Asks Supreme Court to Decide Whether Kalshi Sports Contracts Are Swaps or Bets
New Jersey filed a Supreme Court cert petition on September 2 after the Third and Ninth Circuits issued directly conflicting…
Kalshi and Polymarket Price September Fed Hike Near 50% Before August CPI
With August CPI due September 11, Kalshi and Polymarket traders have pushed odds of a Fed rate hike at the…
Kalshi’s NFL Promo Push Runs Into Split Court Record on Sports Event Contracts
As NFL Week 1 arrives, dozens of sports media publishers are running Kalshi and Polymarket promo codes, a visible sign…
New Jersey Asks Supreme Court to Decide Whether State Gambling Laws Reach Kalshi Sports Contracts
New Jersey Attorney General Jennifer Davenport filed a certiorari petition September 3 asking the Supreme Court to resolve a direct…
Kalshi State Fight Turns on Nevada, New Jersey Appeals Split and CFTC New York Order
A Ninth Circuit ruling on Aug. 28 directly conflicts with a Third Circuit decision from April, leaving Kalshi legally accessible…
Kalshi Heisman Bet on Faizon Brandon Puts College Football Contracts Back in the Legal Spotlight
A single Kalshi trader staked $1,000 on Tennessee freshman QB Faizon Brandon to win the Heisman, a wager priced at…
New Jersey Asks Supreme Court to Decide Whether Federal Law Shields Kalshi Sports Contracts From State Gambling Rules
With New Jersey's cert petition filed September 2 and a Third Circuit-Ninth Circuit split now teed up for the justices,…