Kalshi and Robinhood were handed cease-and-desists in New Jersey over their March Madness sports predictions. The outcome ...

Maryland has become the fifth state to send cease-and-desist letters to prediction market sites offering sports betting.

A moneyline or a trading price? A wager, or an entry fee? Nearly seven years after a Supreme Court ruling cleared the way for states to legalize sports betting, it seems we’ve moved on from the ...

Ohio halts Kalshi, Robinhood, Crypto.com sports contracts, escalating a broader legal clash over unlicensed event-based ...

The Ohio Casino Control Commission has ordered Robinhood, Crypto.com and Kalshi to stop offering illegal sports wagering in ...

Kalshi, Robinhood and Crypto.com were once again ordered to stop accepting sports-related "trades" on their platforms, this ...

Illinois joins other states in targeting Kalshi and Robinhood for allegedly offering illegal sports betting via prediction ...

Kalshi scores a temporary win in Nevada after strong; gambling stocks rebound after Trump completes pause on reciprocal ...

That led New Jersey’s Department of Gaming Enforcement and the Nevada Gaming Commission to serve Kalshi to block its service ...

As Kalshi handled $500 million on March Madness predictions, it continues to ride out a turbulent regulatory atmosphere.

Illinois is taking action to prevent trading platforms from encroaching on its regulated sports betting market.