Posts Tagged ‘Kalshi’
Coinbase Sports Contracts Michigan Halt Starts Oct. 10
New sports event contracts stop for Michigan Coinbase customers at 12:00 a.m. Eastern Oct. 10, and open positions must be closed by then. Michigan, in return, stays its hand so long as Coinbase keeps to the terms and the 6th Circuit cases run. Whether Michigan gambling law reaches federally registered event contracts stays unresolved until…
Read MorePennsylvania Self-Exclusion Does Not Reach Kalshi
A Pennsylvania man, 35, enrolled on the state list, which does not cover Kalshi, piled up Kalshi losses above $25,000, NPR reported. Pennsylvania’s iGaming list binds licensed sites and offers terms of one year, five years or a lifetime that never expires. Kalshi and Polymarket offer voluntary opt-outs, and the shared SelfExclude.io list tops out…
Read More6th Circuit Kalshi Ruling Lets Ohio, Tennessee Regulate
All three judges agreed Kalshi’s contracts on games fall outside the Commodity Exchange Act’s definition of a “swap.” Tennessee’s cease-and-desist order against Kalshi, frozen by a federal judge since January, can move forward once the ruling takes effect. Ohio’s proposed $5 million fine against Kalshi for unlicensed sports gaming is a separate action the ruling…
Read MoreRobinhood Partners With Kalshi To Expand NFL Bets
Robinhood is set to launch collegiate and professional football predictions markets directly within the app. This includes all NFL and NCAA Power 4 conference regular season games. MENLO PARK, Calif. – Robinhood announced Tuesday it will be expanding its prediction markets to include professional and college football. These new offerings will allow users to trade…
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