LANSING — Michigan has sued online prediction market Kalshi to stop it from offering sport event contracts, saying the platform lacks a state license to facilitate what is essentially gambling. The ...

Kalshi CEO Tarek Mansour has argued that event contracts fall within financial market frameworks rather than traditional gaming categories. In contrast, other industry executives have described sports ...

The U.S. commercial gaming industry had another record year in 2025, according to the American Gaming Association, generating $78.72 billion in gross revenue. That number represents a 9.2 percent ...

Prediction markets reached $9B (Polymarket) and $11B (Kalshi) valuations at the end of 2025, yet 0% of this capital can be borrowed against, creating DeFi's most extreme utilization gap. Token lending ...

Has that heart rate returned to normal? Well, get ready to go again. Missouri basketball, after avoiding disaster by a matter of millimeters as a last-gasp Commodore heave rimmed out and the Tigers ...

Darius Acuff is one of the best guards in the country, and he hopes to guide Arkansas to a win tonight in Tuscaloosa. Darius Acuff is the primary transition pusher for the Hogs and a facilitator of ...

Nevada sues Kalshi over sports betting contracts CFTC files brief claiming exclusive jurisdiction over prediction markets Massachusetts injunction against Kalshi put on hold Feb 17 (Reuters) - Nevada ...

Prediction market platforms continue to push into the sports world. The NBA All-Star weekend in Los Angeles included a technology summit on Friday that included Polymarket (POLYMARKET) CEO Shayne ...

The Financial Times reported that Kalshi generated $1.3 billion in estimated annualized revenue from sports contracts, roughly 20% of DraftKings’ $6.5-6.9 billion in estimated 2026 revenue. Kalshi’s ...

Nigel Mansell predicts Lewis Hamilton can win an eighth title if Ferrari provides a competitive car. Mansell urges the FIA to ensure new 2026 technical rules preserve "flat-out racing." He praises ...