Kalshi sues Connecticut Department of Consumer Protection Sophie Atkinson The prediction market company Kalshi has sued the Connecticut Department of Consumer Protection over a cease-and-desist order that was issued on 3 December. “The Connecticut Department of Consumer Protection seeks to prevent Plaintiff KalshiEX LLC (“Kalshi”) from offering event contracts for trading on its … Continue reading Kalshi sues Connecticut Department of Consumer Protection
CNBC and Kalshi Strike Exclusive Partnership Suswati Basu Broadcasting giant CNBC and prediction market Kalshi have penned a multi-year partnership. The media conglomerate will, as a result of the deal, incorporate Kalshi’s real-time data into its broadcast media, digital platforms, and paid-for content. CNBC and Kalshi strike deal The partnership will be … Continue reading CNBC and Kalshi Strike Exclusive Partnership
Kalshi crosses $1 billion in monthly transaction volume <img alt=” src=’https://readwrite.com/wp-content/uploads/2024/03/avatar_user_26599_1710328901-80×80.jpg’ srcset=’https://readwrite.com/wp-content/uploads/2024/03/avatar_user_26599_1710328901-160×160.jpg 2x’ class=’avatar avatar-80 photo’ height=’80’ width=’80’ decoding=’async’/> Jacob Woodward Deputy Editor Prediction market Kalshi has surpassed rival Polymarket in a recent release, citing that the company has hit the $ 1 billion monthly transaction mark. The latter company is still the second-biggest prediction … Continue reading Kalshi crosses $1 billion in monthly transaction volume
Kalshi gets pause in Maryland, Nevada insists on discovery process Graeme Hanna Kalshi received updates to ongoing legal wrangles in Maryland and Nevada this week, with the prediction market platform still operational in both jurisdictions. In the Old Line State, Kalshi has dropped its request for a new injunction following an agreement with state officials … Continue reading Kalshi gets pause in Maryland, Nevada insists on discovery process
