Kalshi hit with $5M fine in Ohio for illegal betting activity
The Ohio Casino Control Commission has issued a $5 million civil fine to prediction markets operator Kalshi, accusing the platform of offering unlicensed sports betting in...
Kalshi
Kalshi sends cease-and-desist order to Elizabeth Booker
Kalshi has sent Democratic influencer Elizabeth Booker a cease-and-desist order after Booker posted a video criticizing prediction markets.Elizabeth Booker, who is better...
Kalshi secures deal to integrate predictions in Fox News
On April 7, 2026, Fox Corporation revealed that it will start integrating prediction market data from Kalshi in its news and streaming platforms.According to the deal,...
Kalshi and Polymarket support prediction market VC fund
The founders of Kalshi and Polymarket, Tarek Mansour and Shayne Coplan, have spoken out in support of a new venture capital firm that is focused on companies serving the...
Kalshi doubles valuation to $22B in latest funding round
According to sources quoted in the Wall Street Journal, a new $1 billion financing round led by investment company Coatue Management has pushed Kalshi to reach a valuation of...
Kalshi partners with XP to launch Brazil prediction market
Kalshi has established a partnership with Brazilian brokerage firm XP International to launch its prediction market in the country, which will be the operator’s first...
Trump’s State of Union speech draws $10.6M in event trades
After President Donald Trump’s speech at the State of the Union, over $10.6 million was traded on prediction markets, including Kalshi and Polymarket, tied to specific words...
Kalshi imposes multi-year bans for 2 insider trading cases
Kalshi has imposed multi-year bans and fines in two cases of insider trading on the platform, as CEO Tarek Mansour announced on February 25, 2026.The first case was...
NGCB files enforcement action against Kalshi
The Nevada Gaming Control Board (NGCB) has initiated enforcement action against Kalshi and requested the court to stop the prediction market from offering event contracts in...
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