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Results for "prediction markets"
12 articles
💰 Business
Michigan judge prohibits Kalshi from offering sports bets, imposes daily fines
A Michigan judge has prohibited Kalshi from offering sports bets, classifying its operations as illegal gambling, which could lead to fines of up to $500,000 d…
⚽ Sports
Michigan court orders Kalshi to halt sports betting markets
A Michigan state court ordered Kalshi to permanently block sports betting markets or face $500,000 daily fines, ruling its unlicensed operations conflict with …
⚽ Sports
New Jersey asks Supreme Court to clarify sports betting regulation authority
New Jersey is seeking a U.S. Supreme Court ruling to determine which authority regulates sports betting on prediction markets, aiming for a clear legal framewo…
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