Dan Bernstein

The Federación Mexicana de Fútbol Asociación (FMF) has accused Kalshi of illegally using “ Liga MX ,” the name of Mexico's top professional soccer league, and Liga MX club logos to promote bets.

The likelihood that the U.S. Supreme Court will review the legality of prediction markets operating under federal law rose Friday, as the U.S.

A Tennessee judge has ruled on Michael Oher's controversial conservatorship with the family that took him in when he was 18, saying she is disturbed by the situation.

Kalshi informed the federal government Monday it is willing to cap the amount its subsidiary trading desk participates on its prediction market exchange at 5% of betting volume each quarter.

Responding to critics who say prediction markets are lawless gambling, exchange betting operators like Kalshi have made one phrase an essential part of their elevator pitch to the public: “We're federally regulated.”

The NFL on Thursday filed an amicus brief to the U.S. Supreme Court supporting the state of New Jersey's petition for a high-court review of whether

Kalshi notified the Commodity Futures Trading Commission ( CFTC ) it is adding anti-harassment terms to its rulebook that give it latitude to punish bettors who lash out at athletes on social media.

A network of Super PACs funded by DraftKings FanDuel Fanatics and Bet365 is emerging from hibernation just before Nov. 3's nationwide midterm

A network of Super PACs funded by DraftKings, FanDuel, Fanatics and Bet365 is emerging from hibernation just before Nov. 3's nationwide midterm elections, which will determine control of both chambers of Congress as well as more than 6,000 state legislative seats.

To succeed in the U.S., Kalshi and Polymarket rely on a close relationship with the federal government.