CFTC exercises “Emergency Authority” to protect Kalshi from NY State prediction markets lawsuit
The CFTC has ordered Kalshi to continue to operate in accordance with the Commodity Exchange Act’s Core Principles.
KalshiEX LLC
New York sues Kalshi for running illegal gambling operation through its prediction market platform
New York Governor Kathy Hochul and Attorney General Letitia James today announced that New York has sued KalshiEX, LLC for running an illegal gambling operation.
CFTC orders Kalshi to execute Prediction Markets trades in defiance of Michigan state court order
Last month the Michigan Attorney General’s office secured a court order, halting Kalshi’s sports wagers with Michigan residents.
Michigan Attorney General secures Court order halting Kalshi’s sports wagers
Michigan Attorney General Dana Nessel has secured a temporary restraining order in the Ingham County Circuit Court halting KalshiEx, LLC from unlawfully offering online sports wagers.
Robinhood pushes against Indian tribes’ motion for preliminary injunction against Kalshi
Robinhood Derivatives, LLC and Robinhood Markets, Inc. have a filed their response to the motion by three Indian tribes for a preliminary injunction against Kalshi.
Robinhood ups Sports Betting adding NFL and College football Event Contracts
Since first launching prediction markets at the end of last year there have been more than 2 billion contracts traded on Robinhood.
Robinhood pulls March Madness event contracts from NJ as Kalshi sues
Robinhood earlier this year also pulled a Super Bowl event contract, following regulator pressure.
Robinhood plows ahead with Sports Betting, adding Event Contracts to its app
The College Basketball Tournament and target fed fund rate event contracts will be tradeable daily on Robinhood from 8am to 3am ET.
CFTC nixes Robinhood’s Super Bowl sports event contracts
For those who already placed trades, Robinhood plans on providing the option to close their positions or take them to resolution.
Robinhood expands into sports betting with Superbowl “event contract”
Robinhood is launching event contracts for the upcoming Kansas City vs. Philadelphia championship game through Robinhood Derivatives LLC.
