Kalshi
Coverage of Kalshi in the Nexus archive.
- Kalshi promo code NYPMAX: Trade $10, get $15 for Norway vs. England
Kalshi offers a promo code NYPMAX for a trade deal where users can trade $10 to receive $15 for the Norway vs. England World Cup match.
- Empire State Weekly: Prediction market regulations
Prediction markets faced a regulatory challenge in New York as Kalshi appealed a federal judge's decision permitting the state to enforce gambling laws on the platform. The case centers on whether state gambling regulations apply to online prediction market operations.
- Wall Street banks tighten prediction market rules for staff as insider fears spread
Wall Street banks, including Goldman Sachs and Morgan Stanley, are restricting employee prediction market trades on platforms like Polymarket and Kalshi due to rising concerns over insider trading.
- North Carolina Bill Recognizes CFTC's ‘Federal Regulatory Authority’ Over Prediction Markets
North Carolina's budget law delegates oversight of prediction markets like Kalshi and Polymarket to the CFTC, recognizing its federal regulatory authority. The state taxes these platforms at 6%, significantly lower than rates pursued by other states.
- Kalshi is running a lot of 'Love Island' ads on TikTok
Kalshi is running targeted TikTok ads for 'Love Island' betting, leading to a significant increase in female users but also some fan backlash. The ads feature user-generated content showcasing betting successes, though critics argue the ads and betting culture intrude on the show's enjoyment.
- Polymarket files applications to offer regulated margin trading in US
Polymarket has filed applications to offer regulated margin trading in the US. Its rival platform, Kalshi, previously received US regulatory approval for the same service in March.
- Hobbs bars Arizona state employees from using government info to bet on prediction markets
Arizona Governor Katie Hobbs issued an executive order prohibiting state employees from using nonpublic government information to bet on prediction markets. The Commodity Futures Trading Commission sued Arizona for regulating Kalshi, a prediction market company, after a federal court ruled Arizona's laws were preempted by federal law. Attorney General Kris Mayes had previously pursued charges against Kalshi for operating unlicensed wagering activities.
- Goldman Sachs limits prediction market betting for employees
Goldman Sachs has restricted employee betting on prediction market platforms like Kalshi and Polymarket. These platforms are creating compliance challenges for heavily regulated banks.
- Kalshi traders see roughly 50% odds of a rate hike in 2026 as Fed is split on policy
The Federal Reserve's recent minutes revealed a divided outlook on future interest rate policy. Kalshi traders estimate a 54% probability of a rate hike occurring before 2027.
- Kalshi traders think gas prices will stay higher for longer as U.S.-Iran tensions heat back up
Kalshi traders predict a 75% chance that gas prices will exceed $3.50 on Election Day in November, driven by rising U.S.-Iran tensions. The odds reflect expectations of prolonged higher gas prices due to geopolitical factors.
- Prediction markets hit a federal snag
An SDNY judge ruled that New York’s gambling regulations apply to Kalshi’s sports-event contracts, challenging the companies' argument that their platforms operate as futures contracts rather than gambling. The decision supports claims from 16 states that prediction markets like Kalshi and Polymarket threaten state revenue from casinos and gaming, while the companies and CFTC chair Michael Selig argue these markets help corporations hedge business risks.
- Kalshi appeals after federal judge sides with New York gambling regulators
A federal judge denied Kalshi’s request for a preliminary injunction, allowing New York gambling regulators to enforce state oversight on the online prediction market. Regulators argue the platform operates under state gambling laws.
- Kalshi loses bid to stop New York from regulating prediction markets
A New York federal judge denied Kalshi's request to block state regulators from enforcing gambling laws against prediction markets, ruling that federal law does not preempt state regulation. The judge cited a provision in the Commodity Exchange Act and New York's historical interest in regulating gambling. Governor Kathy Hochul and Attorney General Letitia James celebrated the decision as a consumer protection victory.
- Strait of Hormuz traffic won't return to normal until 2027 after latest setback, Kalshi traders predict
Kalshi traders predict that traffic in the Strait of Hormuz won't return to normal until 2027 following a setback, with speculators estimating a 44% chance of normal traffic flows by December 1.
- Texas Medical Association proposes age limit on prediction markets to prevent gambling ‘addiction’
The Texas Medical Association is advocating for regulations on prediction market platforms like Kalshi and Polymarket, citing concerns that these services may contribute to gambling addictions among young adults. The organization proposes restricting access to individuals under 21 years old.
- Kalshi files same-day appeal of NY court's rejection of bid to block state gambling law enforcement
Kalshi filed an appeal with the Second Circuit after a New York federal judge denied its request to block state gambling officials from enforcing local laws against its sports event contracts. The company sought to prevent enforcement of state gambling regulations on its operations.
- 2026 Genesis Scottish Open betting preview at The Renaissance Club, featuring outright picks and top-5/10 bets
The 2026 Genesis Scottish Open returns to The Renaissance Club in North Berwick, Scotland, co-sanctioned by the PGA TOUR and DP World Tour. Reigning champion Chris Gotterup aims to defend his title, while LIV Tour players Jon Rahm and Tyrrell Hatton join major champions Scottie Scheffler and Rory McIlroy in a competitive field. Betting picks highlight Ludvig Åberg, Tyrrell Hatton, and Nicolai Højgaard as top contenders.
- Federal judge denies Kalshi’s bid to block New York gambling law enforcement
A federal judge denied Kalshi's request to block enforcement of New York gambling laws against the company's sports-event contracts, ruling that these laws are not preempted by the federal Commodity Exchange Act.
- Kalshi traders see slim odds U.S. government will take a stake in OpenAI this year
Traders on the Kalshi prediction market platform estimate less than a 30% chance the U.S. government will take a stake in AI companies OpenAI and Anthropic this year. The prediction market suggests a low likelihood of federal investment in these companies.
- Polymarket Turns On Instant Bitcoin Deposits Via Lightning Network, Powered by Spark
Polymarket, a crypto-native prediction market, now supports instant Bitcoin deposits via the Lightning Network using Spark's infrastructure. This update offers faster, more private transactions compared to previous on-chain methods, reducing wait times and fees. Spark handles validation and confirmation risks, enabling self-custodial deposits tied to user keys.
- A Marina bar will cover your tab using prediction markets if the U.S. beats Belgium
The Blue Light, a Marina bar, will cover customers' tabs if the U.S. beats Belgium in the World Cup using prediction markets via Kalshi. The promotion is tied to a World Cup match outcome.
- These Are the Sharps Actually Making Money on Prediction Markets
Polymarket and Kalshi, prediction market platforms criticized for enabling financial risk-taking, are using free groceries as incentives to attract users in New York subway stations. The companies face scrutiny but are employing new strategies to expand their reach.
- Kalshi and prediction market sector embroiled in mixed bag of legal fights across U.S.
Kalshi and the prediction market sector are involved in a series of legal disputes across the United States. The legal challenges reflect a complex regulatory environment for prediction markets.
- Kalshi promo code NYPMAX: Trade $10, get $15 for Mets vs. Braves
Kalshi offers a promo code NYPMAX for a prediction market trade deal where users trade $10 to get $15 for the Mets vs. Braves event. The promotion is highlighted as one of the best in the market.
- Spotify asks Kalshi, Polymarket to remove branding after manipulated streams used to settle music bets: Bloomberg
Spotify requested Kalshi and Polymarket to remove its branding after 500,000 fake streams manipulated a $3 million music market. The fake streams were used to influence outcomes in music betting markets.
- Prediction market fraud fears grow on suspicious wagers
Spotify requested Kalshi and Polymarket to remove its logo after users allegedly manipulated data on the platform to profit from prediction markets. The company deleted half a million streams from Malcolm Todd’s song following a surge in listens linked to suspicious wagers on Kalshi. French authorities also investigated a potential tampering of a weather device at Paris’ airport to win a Polymarket bet.
- Spotify removes streams of No. 1 song after suspicious Kalshi bets
Spotify removed streams of Malcolm Todd's 'Earrings' after detecting suspicious betting activity on Kalshi linked to the song's streams. The platform determined the streams were not from genuine listeners.
- $34 billion NC budget on its way to Gov. Josh Stein after year-long delay
North Carolina's $34 billion budget passed the House and Senate with bipartisan support and moves to Gov. Josh Stein for approval. The budget includes a 23% tax on sports betting revenue and a 6% tax on prediction market trading sites, drawing criticism for potential revenue loss to UNC schools. Legislative delays caused a year-long gap in passing a comprehensive budget.
- Kalshi promo code NYPMAX: Trade $10, get $15 for Portugal vs. Croatia
Kalshi offers a promo code NYPMAX allowing new users to trade $10 and receive $15 for predicting outcomes in the Portugal vs. Croatia event. The promotion is aimed at encouraging new users to sign up and participate in sports predictions.
- Inflation peaked in May as energy prices fell in June, Kalshi traders think
Kalshi traders predict inflation peaked in May due to June energy price declines, with less than 30% odds of exceeding 4.2% by 2026.
- There's one big reason insider trading is harder to catch in stocks than prediction markets: Kalshi CEO
Kalshi CEO Tarek Mansour claims insider trading is easier to detect in prediction markets compared to the stock market due to the direct link between information and trades. He cited former Rep. George Santos's alleged insider trading on Kalshi as an example, noting the platform is implementing stricter measures to combat such activity. Lawmakers, including Minnesota Gov. Tim Walz, have criticized prediction markets and proposed bans or restrictions.
- Investing in prodigy Jackson Koivun and four other golfers at the 2026 John Deere Classic
The 2026 John Deere Classic features a soft PGA TOUR field as top players prepare for overseas events. The article highlights investments in Jackson Koivun, a rookie pro making his debut through the PGA TOUR University, and four other golfers, including Jacob Bridgeman, Tom Kim, Denny McCarthy, and Emiliano Grillo, with specific betting odds and stakes.
- Massachusetts AG files amended lawsuit against Kalshi over sports betting after court ruling
Massachusetts AG filed an amended lawsuit against Kalshi, alleging the company targeted users under 21 through social media and university campus marketing. The court approved the lawsuit.
- Susquehanna seeks $70M for insider trading
Susquehanna Investment Group is seeking $70 million from 100 unnamed defendants it alleges engaged in insider trading ahead of China's crackdown on offshore brokers. The trades, primarily through Interactive Brokers, involved options that profited as shares of Nasdaq-listed brokers fell following a regulatory announcement by China's financial regulator.
- Kalshi hit with 14-day restraining order in Michigan, blocking sports prediction markets in state
Kalshi faces a 14-day restraining order in Michigan, preventing the operation of sports prediction markets in the state. The issue stems from a jurisdictional dispute between the CFTC and multiple state regulators over oversight of prediction market platforms.
- Michigan judge blocks Kalshi from allowing residents to place sports bets
A Michigan judge has temporarily blocked Kalshi from offering sports betting contracts to residents, intensifying a legal dispute between state and federal authorities over prediction markets and gambling regulations.
- Prediction Market Kalshi Sues Illinois Over Its Push To Regulate Sports Bets
Prediction market Kalshi sued Illinois over new taxes and licensing requirements for sports bets, arguing the state's classification of its platform as unlicensed sports wagering violates federal jurisdiction. Illinois amended its Sports Wagering Act to impose 1.75% and 3.5% taxes on Kalshi's wagers, effective July 1, and requires a costly license. Kalshi claims compliance would conflict with federal Commodity Futures Trading Commission (CFTC) regulations.
- Kalshi promo code NYPMAX: Trade $10, get $15 for Japan vs. Brazil
Kalshi offers a promo code NYPMAX that provides a $15 bonus for trading $10 on the Japan vs. Brazil prediction market. The promotion is described as one of the best prediction market offers available.
- Insiders from Perplexity, Kalshi, Replit, and more share how to get a job at a buzzy startup
The article provides job-seeking strategies from hiring managers at startups like Perplexity, Kalshi, and Replit, emphasizing community engagement, research, creativity, and understanding startup culture. Examples include sending personalized gifts, referencing hidden details in career pages, and demonstrating initiative.
- Kalshi donated $300K in shares to Donald Trump Jr. after he became adviser to prediction market: report
Prediction market Kalshi donated approximately $300,000 worth of shares to Donald Trump Jr. after he became a strategic adviser to the company in early 2023.