Tag: kalshi
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ESPN Served Subpoena In ‘Illegal’ Prediction Market Investigation
ESPN, the controversial sports and gambling network, was served a subpoena this week in Connecticut as part of the state’s investigation into prediction-market gambling. Kalshi advertising has appeared during ESPN’s U.S. Open tennis coverage through the courtside signage visible during matches. The Disney-owned network, based in Bristol, Connecticut, was among 15 media organizations to receive…
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US Tennis Group Pushed To End Kalshi Gambling Partnership
A leading national gambling-reform group is urging the United States Tennis Association to end its new partnership with prediction market platform Kalshi before the US Open Finals. In August, Kalshi announced a multi-year partnership with the USTA, becoming the exclusive partner of the US Open beginning with the 2026 tournament. Stop Predatory Gambling, based in…
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MA Gambling Regulator Votes To Stay With Kalshi-Backed NCPG
The Massachusetts Gaming Commission, the state’s regulator of sports betting, voted Thursday to remain a member of the nation’s richest problem gambling group despite its recent infusion of cash from the controversial prediction market Kalshi. MGC Chairman Jordan Maynard said leaving the National Council on Problem Gambling would be a “symbolic gesture,” and he opposed…
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The Leopards Are Now Eating The NFL’s Face
The NFL says bets on so-called “prediction markets” sports-gambling platforms are ripe for corruption, insider trading, and manipulation, making them a match-fixing risk in NFL games. It’s a potentially enormous problem, as many fans already partake in the conspiracy theory that the NFL is rigged related to gambling. It’s also an historic “the leopards are…
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An Epic Kalshi Collapse Won’t Be Bettable On Kalshi
Kalshi, the roughly $40-billion de facto online sportsbook that seeks to become a household name for all things speculation, reportedly won’t take bets on a potential Supreme Court ruling that could devastate its business model. The firm, which numerous state officials across the country have slammed as predatory sports gambling, offers stock-market-style betting through what…
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