Kalshi — News
24 articles mentioning Kalshi.
Irish Gambling Authority Warns of High Court Action Against Offshore Prediction Platform
Ireland's gambling regulator is preparing to seek a High Court blocking order against a major offshore prediction market operator that failed to comply with warnings, as European regulators increasingly target such platforms and Gibraltar introduces its own separate regulatory framework.
Kalshi Adds 3 Million Users as World Cup Fuels Record Trading Volume
Kalshi gained 3 million new users during the 2026 FIFA World Cup, with over $1.2 billion traded on its winner market. The platform used broad partnerships—from soccer stars to a singer and an actor—to drive sign-ups, while facing ongoing regulatory pushback over whether sports-event contracts constitute gambling.
Allwyn's Digital-First Strategy: CEO Spajic Outlines Innovation and Omnichannel Vision
Allwyn Digital CEO Kresimir Spajic discusses the company's digital transformation, including its Q1 2026 revenue growth, expansion into prediction markets via PrizePicks, and focus on AI-driven personalisation and omnichannel experiences, ahead of his appearance at SBC Summit Lisbon.
Pascal raises $9M Series A to target institutional prediction market traders
Prediction market startup Pascal has closed a $9 million Series A led by Union Square Ventures, building on a $6 million seed round. The company targets institutional traders with perpetual futures-style event contracts and faces a regulatory landscape under increasing scrutiny.
Prediction Markets: Operators and Regulators Eye a New Betting Vertical
Prediction markets are gaining mainstream attention thanks to platforms like Kalshi and Polymarket, and Gibraltar is leading the regulatory conversation on responsible oversight. Industry experts expect the vertical to coexist with traditional sportsbooks rather than replace them.
Five Tribes Push for Federal Action Against Prediction Markets, Citing Threats to Tribal Sovereignty
The Inter-Tribal Council of the Five Civilized Tribes has adopted a resolution urging federal action against online prediction markets like Kalshi and Polymarket, arguing they undermine tribal sovereignty and operate as unregulated sports betting. The council warns that these platforms bypass the gaming compacts and regulatory systems that have governed tribal gaming for decades, while Oklahoma residents lose tax revenue and exclusivity payments to offshore operators.
Arizona Election Chief Bans Internal Betting on Electoral Events as State Opens New Wagering License Window
Arizona Secretary of State Adrian Fontes banned internal election wagering by state employees to protect electoral integrity, while the Arizona Department of Gaming opened applications for 10 limited event wagering licenses, potentially opening the door for prediction market operators.
IGA Chairman to testify on prediction market risks for tribal gaming at House hearing
IGA Chairman David Bean will testify before a US House subcommittee on July 21 about the threats unregulated prediction markets pose to tribal gaming, building on earlier joint opposition with the AGA and concurrent regulatory actions in Arizona.
White House Teleprompter Operator Suspended Over Alleged Insider Trading on Kalshi Prediction Markets
Gabriel Perez, President Trump's longtime teleprompter operator, has been suspended and is under CFTC investigation for allegedly using inside knowledge of Trump's speeches to win over $90,000 on Kalshi's prediction markets. The White House placed him on unpaid leave, and he is cooperating with regulators who are discussing a potential settlement.
2026-07-16RegulationInsider TradingFederal InvestigationPrediction MarketsWhite HouseUnited StatesClinical TrialMike SeligAppliedXLAnne WojcickiGeorge SantosKalshiPolymarketTrump Media and Technology GroupGabriel PerezRobert DeNaultKaroline LeavittDavis IngleDonald TrumpGannon Ken Van DykeMichele SpagnuoloTarek MansourJosh Gottheimer
US Bipartisan Bill Mandates Facial Recognition Age Checks for Sportsbooks and Prediction Markets
A new bipartisan US bill would require online sportsbooks and prediction markets to use facial recognition to estimate users' ages before bets or trades, backed by Kalshi and ParentsRISE, with co-sponsors citing data showing high rates of underage gambling and thousands of flagged underage accounts.
Kalshi Files to Expand Flight Delay Contracts to All US Airports
Kalshi has asked the CFTC to let it offer flight-delay and cancellation contracts for all US airports, using data from FlightAware and the Bureau of Transportation Statistics, while also facing a separate regulatory standoff in Michigan.
CFTC Blocks Kalshi From Voiding Michigan Trades Despite State Court Order
The CFTC denied Kalshi's bid to cancel trades in Michigan, asserting federal authority over state court orders, while Michigan's attorney general continues to enforce state gambling laws against the prediction market operator.