kalshi Archives

New York ‘Prediction Markets’ Bill Would Deal Massive Blow To Gambling Platforms

November 12, 2025

A bill in New York would deal a gigantic blow to so-called “prediction markets” — online platforms that take bets on a wide variety of real-world events, including sports. Under federal oversight, some of these platforms have seen skyrocketing valuations in the second half of 2025. Under the proposed New York legislation, A9251, prediction markets…

Advertising, News, Prediction Markets

In Middle Finger To States, NHL Signs Gambling Deals With Kalshi, Polymarket

Brian Pempus

October 22, 2025

The National Hockey League (NHL) has given so-called “prediction” gambling platforms Kalshi and Polymarket their most significant sports endorsement yet. The NHL on Wednesday announced “multiyear U.S. agreements” with Polymarket and Kalshi, naming both companies as “official prediction market partners.” The league deployed the reckless and harmful euphemism “predicting” to refer to “yes/no” gambling. These…

News, Prediction Markets

Sports Betting Site Kalshi Seeks ‘Ambassadors’ On College Campuses

Brian Pempus

September 19, 2025

Editor’s Note: Following publication of this article, Kalshi deleted its social media post and took down a web page referenced in this article. Aside from this note, this article has not been changed following this development. The sports betting platform Kalshi said that it’s seeking “ambassadors” on U.S. college campuses. “Excited to welcome Yale, Harvard,…

News, Prediction Markets

Robinhood Launches NFL Sports Gambling, Calls It Investing

Brian Pempus

August 20, 2025

The stock and crypto gambling app Robinhood announced that it is now taking sports bets on NFL and NCAA football. On Aug. 19, 2025, Robinhood said it launched so-called “prediction markets” on pro and college football. The NFL and NCAA gambling is available through the Robinhood app. “Available through the Prediction Markets Hub, customers can…