Kalshi Backer Paradigm Developing Its Own Prediction Market

Washington state sued Kalshi Friday (March 27), alleging that the company’s prediction market is, under the state’s definition, a betting platform that enables illegal gambling. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

FIS has debuted a tool to offer 24/7 post-trade clearing for regulated prediction markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Kalshi is launching technological guardrails that block politicians, athletes and other relevant people from trading in certain politics and sports markets on the company’s prediction markets platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

A Nevada judge has temporarily barred prediction market Kalshi from offering event contracts for sports, election and entertainment in the state, Bloomberg reported Friday (March 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...