WA clashes in court with prediction market platforms Kalshi and Robinhood
[JAKE GOLDSTEIN-STREET]—Washington sued the online prediction market platform Kalshi last week with claims that the company is violating state gambling laws. Now, one of Kalshi’s partners is biting back. Robinhood this week sued the state to preemptively protect its ability to continue offering shares in the outcome of everything from sporting events to politics and […]
Kalshi’s Landmark Partnership with CNN: Integrating Prediction Markets into Mainstream Journalism
NEW YORK—CNN has entered an exclusive partnership with Kalshi, the world’s largest federally regulated prediction market platform, to integrate real-time event probability data into its global news coverage. Kalshi’s $1 billion Series E funding round, announced on December 2, and valuing the company at $11 billion, is closely tied to its new partnership with CNN. […]
