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New York sues Kalshi as illegal gambling case widens
The state says the prediction-market firm operated without a gaming licence, let in 18- to 20-year-olds and dodged taxes meant to support public services.
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Judge blocks Minnesota’s prediction market ban
Katherine Menendez said the challengers were likely to succeed on pre-emption claims, keeping Kalshi and Polymarket US live in the state for now.
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Kalshi and AppliedXL launch biopharma prediction markets with strict guardrails
The pilot will let traders price clinical-trial outcomes and FDA decisions, while limiting access to late-stage studies and requiring employment checks.