Kalshi and its pursuit of nationwide trading on the outcome of sporting events hit a significant roadblock in Maryland.

A federal judge declined to stop Maryland’s gambling regulator from requiring that Kalshi obtain a sports gambling license.

Kalshi’s two-win streak ended with a preliminary loss in its lawsuit against Maryland gaming regulators—a shift from prior federal district ...

A federal judge in Maryland on Friday ruled against the prediction market operator Kalshi on whether states can use sports ...

A judge has ruled against Kalshi in a preliminary ruling, the first significant court roadblock as the prediction market ...

The legal chess match comes ahead of expected M&A in prediction markets. The post Kalshi Going On Offense After Legal Setback ...

A federal judge in Maryland ruled the prediction market should receive a sports betting license to operate inside Maryland ...

Shortly after receiving the first adverse ruling in any of the current high-profile matters being litigated against state ...

The landscape of American prediction markets faces fresh uncertainty following a Maryland federal court’s rejection of Kalshi ...

Because prediction markets are more similar to trading exchanges, they fall under the purview of the Commodities Futures Trading Commission (CFTC), rather than state-based gaming regulators. That has ...

A legal showdown over the classification of sports-based prediction markets escalated on Friday as a federal judge in ...

Kalshi slammed over misrepresented talks, as IGA chair calls CEO a "lying little twerp" amid legal battle with tribes in Maryland court.