2026-4-16 15:27 |
The Ohio Casino Control Commission (OCCC) is escalating enforcement action against Kalshi, announcing intentions to impose a $5 million fine for what it characterizes as “conducting unlicensed sports gaming” in the state. origin »
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The CFTC declared New York’s attempt to potentially shut down the prediction market exchange a “market emergency,” escalating the federal/state fight over event contracts The post CFTC Invokes Emergency Powers, Orders Kalshi to Keep Operating Amid New York Lawsuit appeared first on DeFi Rate.
The AI-powered tool grew out of an earlier prototype as bars, brands and other businesses experiment with event contracts to offset real-world risks The post Blanket Aims to Bring Kalshi Prediction Market Hedging to Small Businesses appeared first on DeFi Rate.
A bill in the US Congress requires prediction market users to use facial scans of platform users to verify age, but an expert on the topic questions that utility The post Facial Scans May Augment Age Verification Systems But Fall Short of Path to Reliable Way to Prove Device User’s Age appeared first on DeFi Rate.
Kalshi’s Robert DeNault and prediction market critic Mick Mulvaney agreed on the industry’s potential value but remained divided over sports contracts, consumer protections and state authority The post Kalshi and Sports Prediction Markets Critic Find Common Ground at Council on Foreign Relations Roundtable appeared first on DeFi Rate.
Launched Wednesday, Kalshi’s Midterms Hub packages live election-market odds into an interactive forecasting and research tool for campaigns, political professionals, journalists and voters tracking House, Senate and governor races The post Kalshi Turns Election Markets Into New Midterm Forecasting Hub appeared first on DeFi Rate.
The deal pairs Kalshi’s record World Cup trading with ADI Predictstreet’s official FIFA rights as prediction markets race to convert soccer audiences into users The post Kalshi Taps ADI Predictstreet for FIFA World Cup Prediction Market Deal appeared first on DeFi Rate.
Reported talks would nearly double Kalshi’s May valuation after a record stretch that included its first billion-dollar trading days and nearly $9 billion in weekly volume. The post Kalshi Reportedly Eyes $40B Valuation After Record Volume Surge appeared first on DeFi Rate.