Prison and a ban from gambling are among the terms of a sentence for a Minnesota man who stole nearly $700,000 from his employer, spent the money on online wagering and alleged that a now-defunct ESPN ...

The state of New York filed a lawsuit against Kalshi on Friday, accusing the prediction market company of running an "illegal gambling operation." ...

New York's attorney general sued Kalshi on Friday, claiming that its prediction market platform violates state laws against ...

Enough is enough. The post Kalshi Sued for Running Illegal Gambling Operation appeared first on Futurism.

Governor JB Pritzker signed a bill that recognizes gambling addiction under the same legal framework as alcohol and drug use ...

"No matter what they call themselves, prediction markets like Kalshi are gambling platforms, plain and simple," New York's ...

MANILA, Philippines — Senator Francis “Chiz” Escudero has sought to prohibit gambling-related advertisements and sponsorships ...

The state of New York is suing Kalshi for $36 billion and wants to shut down the prediction market for running what it calls ...

A growing number of U.S. states are seeking to crack down on prediction markets, but face pushback from federal regulators.

New York sued the prediction market for a staggering $36 billion in damages for allegedly violating New York’s gambling laws.

Sports gambling has become a large revenue builder and has staked its place in the sports world. However, there have been multiple times when players, coaches, or officials involved in games have been ...

New York Gov. Kathy Hochul and Attorney General Letitia James sued Kalshi, alleging the prediction market platform operates ...