Kalshi adds compliance safeguards amid ongoing insider trading concerns Suswati Basu Kalshi is rolling out a new set of compliance measures designed to curb insider trading and market manipulation across its prediction markets. The company said the changes take effect immediately and come from recommendations made by its independent Surveillance Audit Committee. This … Continue reading Kalshi adds compliance safeguards amid ongoing insider trading concerns
June 08, 2026 Why Repair Cafés are becoming more popular amid the anti-consumerism movement BY Associated Press On a drizzly Saturday morning late last month, the basement of the New Paltz United Methodist Church was filled with old lamps, blunt knives, malfunctioning sound mixers, and balky zippers. About a dozen volunteers welcomed the broken goods … Continue reading Why Repair Cafés are becoming more popular amid the anti-consumerism movement
Florida appeals court upholds permit revocation amid Seminole gaming overhaul Suswati Basu A Florida appeals court has upheld a state law linked to Florida’s gambling overhaul and Seminole Tribe gaming compact, rejecting a challenge from Jefferson County Kennel Club and allowing regulators to move forward with revoking the company’s pari-mutuel wagering permit. NEW: … Continue reading Florida appeals court upholds permit revocation amid Seminole gaming overhaul
Kalshi launches political power index amid scrutiny over prediction markets Suswati Basu Kalshi has rolled out a new political benchmark that tries to capture the balance of power between Democrats and Republicans in a single number. The product, called the Kalshi American Power Index, or KPOW, is now available on the company’s platform. … Continue reading Kalshi launches political power index amid scrutiny over prediction markets
CFTC retreats from Gemini Bitcoin futures enforcement case amid controversy Suswati Basu The Commodity Futures Trading Commission (CFTC) and Gemini Trust Company are now jointly asking a federal court to unwind key parts of a 2025 consent order tied to a yearslong enforcement fight over Bitcoin futures products. A filing submitted Wednesday (May … Continue reading CFTC retreats from Gemini Bitcoin futures enforcement case amid controversy
Global unregulated gambling market reaches $5.9 trillion amid regulatory concerns Suswati Basu A fresh industry report says unregulated online gambling has become one of the world’s largest hidden digital economies, with global wagering volume reaching an estimated $ 5.9 trillion during 2025. Gaming Compliance International’s latest study, Online Gaming 2025: Global, found the … Continue reading Global unregulated gambling market reaches $5.9 trillion amid regulatory concerns
Arizona court battle against Kalshi slows amid legal scope disputes Suswati Basu A fight over prediction markets, federal authority, and Arizona gambling law is moving onto a slower track after all sides asked for more time, even as they continue arguing over what a temporary court order actually blocks. In a joint status … Continue reading Arizona court battle against Kalshi slows amid legal scope disputes
Tennessee advances felony bill targeting prediction market manipulation amid legal fights Suswati Basu Tennessee lawmakers are pushing ahead with legislation that would make it a felony to try to sway the outcome of events tied to prediction market conduct when money is on the line. The state Senate signed off on Senate Bill … Continue reading Tennessee advances felony bill targeting prediction market manipulation amid legal fights
FanDuel to shutter TV network and Picks platform amid strategy shift Suswati Basu Flutter Entertainment is moving to close down FanDuel TV and discontinue its FanDuel Picks product. A company spokesperson confirmed details to ReadWrite, previously reported by the Paulick Report, saying the television network will be phased out gradually, with more than … Continue reading FanDuel to shutter TV network and Picks platform amid strategy shift
Kalshi reportedly raises $1B at $22B valuation in funding amid regulatory pressure Suswati Basu Kalshi is said to have pulled in more than $ 1 billion in a fresh funding round, pushing its valuation up to about $ 22 billion, according to sources cited by The Wall Street Journal. This appears to be … Continue reading Kalshi reportedly raises $1B at $22B valuation in funding amid regulatory pressure
