Kalshi

The legal action against Kalshi focused on trademark infringement and injury to its reputation in addition to citing state authorities comparing the company’s contracts to gambling.

The ruling leaves New York’s case against Kalshi in place while allowing the CFTC to renew its request before Judge Victor Marrero.

The lawsuit adds to a growing clash between New York and the CFTC over whether federally regulated prediction markets are subject to state gambling laws.

For the second time this year, the regulator told prediction markets to stop issuing overly broad, template-style certifications of events contracts.

While prediction market companies in the US continue to face legal battles between state and federal authorities, Robinhood is reportedly considering expanding its services.

The integration provides institutional clients with access to Kalshi’s event contracts and crypto perpetuals via Talos’ existing trading infrastructure.

According to ABC News, federal regulators are investigating whether the longtime White House staffer used nonpublic information to profit from event contracts tied to President Donald Trump’s speeches.

Researchers found that Polymarket’s five-minute Bitcoin prediction markets create incentives to manipulate spot prices around contract settlement, proposing longer settlement windows as a potential fix.

The Czech Finance Ministry added Polymarket to its blacklist of unauthorized online gambling websites, requiring internet providers to block access within 15 days.