S&P Dow Jones Indices Pitches Benchmark Data as Prediction Markets Infrastructure
S&P Dow Jones Indices, owner of the S&P 500, is positioning itself as a data and resolution backbone for prediction…
Tag: Kalshi
Kalshi Klear Seeks CFTC Approval for Margin on Select Event Contracts, Excluding Sports
Kalshi's clearinghouse filed a Rule 40.5(a) request on Sept. 22 seeking CFTC approval to let qualified members trade economic, financial…
Kalshi Klear Asks CFTC to Approve Margin for Eligible Institutional Event Contracts
Kalshi's clearinghouse, Kalshi Klear, filed a Rule 40.5(a) request with the CFTC on September 22 to let self-clearing institutional members…
Sixth Circuit Denies Kalshi Injunctions in Ohio and Tennessee, Extending Split Over Sports Event Contracts
The Sixth Circuit ruled unanimously that Ohio and Tennessee can enforce state gambling laws against Kalshi's sports contracts, splitting from…
Polymarket Bank-Failure Contracts Draw FDIC Concern and Warren Criticism
Polymarket's offshore platform lets users bet on JPMorgan, Wells Fargo and other bank failures. FDIC Chairman Travis Hill and Sen.…
Sixth Circuit Rules Against Kalshi in Ohio and Tennessee Sports Contract Cases
The 6th Circuit ruled against Kalshi in disputes with Ohio and Tennessee regulators, siding with the 9th Circuit against a…
Sixth Circuit Says Kalshi Sports Contracts Are Not Swaps, Letting Ohio and Tennessee Enforce Gambling Laws
The Sixth Circuit ruled Kalshi failed to show its sports-event contracts are federally regulated swaps, letting Ohio and Tennessee enforce…
Sixth Circuit Says Ohio and Tennessee Can Enforce Gambling Laws Against Kalshi Sports Contracts
A Sixth Circuit panel ruled Kalshi's sports-event contracts are not federally regulated swaps, handing Ohio and Tennessee the win and…
New York Sues Polymarket US, Seeks Fines Equal to Three Times Alleged Gains
New York Attorney General Letitia James sued Polymarket US on September 24, alleging illegal gambling and seeking triple its gains;…
Sixth Circuit Lets Ohio and Tennessee Enforce Gambling Laws Against Kalshi Sports Contracts
The Sixth Circuit ruled Sept. 26 that Ohio and Tennessee can regulate Kalshi under state gambling law, a third straight…