by igamingreview | Aug 4, 2026 | Prediction Markets
Senators Call for Halt to Wildfire Prediction Markets – Democratic senators have urged the Commodity Futures Trading Commission (CFTC) to regulate prediction market trading related to wildfires, citing concerns over potential incentives for arson. What Happened...
by igamingreview | Aug 3, 2026 | Prediction Markets
New York Sues Kalshi Over Alleged Illegal Gambling Operations – New York State has filed a lawsuit against prediction market platform KalshiEX, alleging it operates an unlicensed gambling business in violation of state law. The lawsuit, filed on July 31, seeks a...
by igamingreview | Aug 2, 2026 | Prediction Markets
Former Rep. George Santos (R-NY) has reached a settlement in an “unlawful trading” investigation regarding wagers he placed on the prediction market Kalshi related to his appearance at President Trump’s State of the Union address. Santos will pay...
by igamingreview | Aug 2, 2026 | Prediction Markets
George Santos Fined, Barred from Kalshi Trading – Former Republican Congressman George Santos has agreed to pay over $35,000 in fines and faces a temporary trading ban on Kalshi. This action follows a conclusion by federal regulators that he unlawfully...
by igamingreview | Aug 2, 2026 | Prediction Markets
George Santos Settles Federal Kalshi Trading Probe – Former Congressman George Santos has agreed to pay $35,000 to resolve a federal investigation concerning his trading activities on the prediction marketplace Kalshi. This settlement concludes the probe into...
by igamingreview | Aug 1, 2026 | Prediction Markets
New York Sues Kalshi Over Alleged Illegal Gambling Operations – New York State initiated a lawsuit against prediction-market platform Kalshi on July 31, 2026, alleging it operates an illegal gambling business. The suit aims to prohibit Kalshi from operating in...
