Nobody Knows How to File Taxes on Prediction Market Wins
Americans flocked to prediction markets last year. Now, it’s time to pay taxes on winnings. How do you do that? …
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‘A Rigged and Dangerous Product’: The Wildest Week for Prediction Markets Yet
As the prediction market boom continues, backlash is growing, too, with Arizona filing criminal charges against Kalshi and public outcry …
Amidst legal turmoil, Kalshi is temporarily banned in Nevada
It's the latest escalation in a regulatory battle over the future of prediction markets.
Kalshi Has Been Temporarily Banned in Nevada
A judge ordered Kalshi to immediately halt sports and election contracts in the state, intensifying a growing regulatory battle over …
Kalshi’s legal troubles pile up, as Arizona files first ever criminal charges over ‘illegal gambling business’
It's the latest salvo in an escalating battle between state regulators and an industry that claims it's not beholden to …
Arizona indicts prediction market Kalshi for running illegal gambling operation
Desert state becomes first to file criminal case against prediction platform.
Wall Street Is Already Betting on Prediction Markets
As the legal war over how to regulate prediction markets rages on, financial institutions are embracing the industry anyway.