New York Seeks at Least $36 Billion From Kalshi as CFTC Fights State Gambling Enforcement
The CFTC issued an emergency order on August 11 requiring Kalshi to keep operating in New York despite a July…
Tag: Prediction Markets
New York Seeks to Shut Down Kalshi as $36 Billion Gambling Case Tests Federal Preemption
The CFTC invoked emergency authority on August 11 to order Kalshi to continue operating despite a New York state lawsuit…
Connecticut Kalshi Case Remains Pending as State Regulators Press Sports-Wagering Claims
U.S. District Judge Vernon D. Oliver denied Kalshi a preliminary injunction on August 11, ruling that sports-event contracts are not…
Kalshi’s New York Appeal Remains a Preemption Fight After Second Court Denial
The CFTC invoked emergency authority on August 11 to order Kalshi to continue operating under federal rules, directly countering New…
Kalshi and Polymarket Funding Talks Put Private Valuations Ahead of Legal Clarity
Kalshi is pursuing fresh capital at a $40 billion valuation while Polymarket seeks $1 billion at $20 billion-plus, widening the…
Polymarket Fed Odds Favor September Hike as Kalshi Promo Push Meets State-Law Fight
Kalshi's traders price a September Fed hold near 64 cents even as affiliate "referral code" promos push $500 MLB bonuses,…
Kalshi CFP Championship Market Tops $9.4 Million as New York Sports-Contract Fight Widens
Kalshi has listed a full slate of 2026-27 College Football Playoff markets, including a national championship board that has already…
Polymarket Affiliate Codes Vary as Sports Publishers Push Prediction-Market Offers Around WNBA Coverage
Since dissolving its U.S. waitlist in May 2026, Polymarket has seeded outlet-specific promo codes across sports media — from national…
Bitcoin $100K Odds Sit Near 10% on Polymarket and Low Teens on Robinhood Timing Market
Bitcoin trades near $62,700 as of August 3, 2026, roughly half its October 2025 all-time high. Kalshi and Polymarket contracts…
New York Sues Kalshi as State and CFTC Fight Over Prediction Market Oversight
New York Attorney General Letitia James filed a $36 billion lawsuit against Kalshi on July 31, calling it an illegal…