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Nalezeno "Prediction markets": 285

Polymarket Weighs $9B Valuation as Kalshi Eyes $5B, Report Says


Polymarket and Kalshi are reportedly weighing fresh fundraising rounds at valuations of $9 billion and $5 billion, respectively, according to a new report from The Information. Technology newsletter The Information reports that both prediction market operators are entertaining new cash infusions:...

Massachusetts Alleges Kalshi’s Event Contracts Are Illegal Sports Bets


The Massachusetts Attorney General’s Office has filed a lawsuit against prediction market platform KalshiEX LLC, alleging it illegally offered sports wagering to state residents without a license. Bay State Calls Kalshi ‘Sports Betting’; The Statute May Not Agree Attorney General Andrea...

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