Mamdani cites Kalshi forecasts amid surge toward New York Mayoral victory

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At a rally in New York City on Monday night, Mayoral candidate Zohran Mamdani referenced Kalshi’s latest predictions that have the Democrat set for a landslide victory when New Yorkers go to the polls on Tuesday (November 4).  The 34-year-old state assemblyman is aiming to become the youngest mayor in over a century in the […]


Nevada files motion for key CFTC and Kalshi documents

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Nevada regulators have submitted a request, known as a motion to compel discovery, from predictions market Kalshi to disclose key information relating to its federally approved business. The news comes as a wider tightening of legal knots is coming into focus in Nevada against predictions markets like Kalshi and Crypto.com (Crypto). Kalshi under scrutiny from […]


Massachusetts sues Kalshi alleging illegal sports gambling

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The Kalshi logo arranged on a laptop in New York, US, on Monday, Feb. 10, 2025. Gabby Jones | Bloomberg | Getty Images Massachusetts filed a lawsuit in state court Friday against Kalshi, alleging the predictions platform offers sports gambling without a license under the guise of events contracts. “If Kalsi wants to be in […]


Kalshi gets pause in Maryland, Nevada insists on discovery process

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Kalshi received updates to ongoing legal wrangles in Maryland and Nevada this week, with the prediction market platform still operational in both jurisdictions.  In the Old Line State, Kalshi has dropped its request for a new injunction following an agreement with state officials to delay action until the Court of Appeals rules on Kalshi’s own […]