Kalshi

Nevada sues Kalshi as federal regulators say back off

Nevada gambling regulators sued the prediction markets company Kalshi on Tuesday, saying the platform’s rapid growth forced their hand.The Nevada Gaming Control Board and the state attorney general sued in Carson City District Court shortly after a federal appeals court rejected a request by Kalshi to stop the state from…

Government Shutdown Odds Spike on Polymarket and Kalshi

Just days ago, it looked like the US would avoid a repeat of the government shutdown that took place in the fall.Then, federal agents fatally shot Alex Pretti in Minneapolis.In the span of just a few hours following the shooting on Saturday, the odds that the government will shut down…