NFL urges Supreme Court to decide who should regulate prediction markets
In a legal brief, the NFL expressed support for prior court rulings favoring state authority to oversee prediction markets.
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In a legal brief, the NFL expressed support for prior court rulings favoring state authority to oversee prediction markets.
The National Football League is now urging the Supreme Court to decide whether states should have the power to regulate prediction markets. Front Office Sports deals reporter Ben Horney joins CBS News to discuss.
There's talk of an "expanding map" for Democrats, with states like Texas and even Kansas potentially in play for the November midterms. That's reflected in polling and on prediction markets like Kalshi, a CBS News sponsor. Kalshi head of research Nicole Kagan and CBS News executive director of elections and surveys Anthony Salvanto join to unpack the numbers.
President Trump returns to Texas to stump for Paxton in San Antonio; new videos show Iranian attacks on U.S. military base in Kuwait.
CBS News is using Kalshi as our prediction market sponsor and integrating its market data to evaluate what traders are seeing, specifically when it comes to the 2026 midterms. CBS News' Anthony Salvanto has more.
Hundreds of small businesses are using the prediction market to hedge against a range of business risks, according to Kalshi. Here's how.
The prediction market Kalshi is banning former Republican Rep. George Santos of New York for life. The company was investigating allegations that Santos engaged in insider trading over a bet on his attendance at this year's State of the Union address. NOTUS political reporter Kadia Goba and Puck Capitol Hill correspondent Marianna Sotomayor join to discuss.
U.S. and Iran exchange strikes for the first time in weeks; at least two dead, several missing after Grand Canyon flash floods.
George Santos faces a lifetime ban from Kalshi after failing to cooperate with the prediction market's investigation into his alleged unlawful trades.
Robert DeNault, head of enforcement at Kalshi, joins CBS News to discuss last week's appeals court ruling that rejected the company's efforts to stop Nevada from regulating speculation on sporting events on its platform.
Trading of sports event contracts on Kalshi constitutes gambling, appeals court rules in siding with Nevada officials.
U.S. inflation cooled slightly in new data from July. Also, the New York City Council launched a sweeping investigation into the marketing practices of prediction market companies such as Kalshi and Polymarket. Axios markets correspondent Matt Phillips shares his thoughts.
New York City lawmakers allege that four major prediction markets engage in deceptive marketing practices and target young adults.
A growing number of U.S. states are seeking to crack down on prediction markets, but face pushback from federal regulators.
New York State is suing Kalshi, the online betting portal, for allegedly operating an illegal gambling business. Kalshi says that it is a federally regulated exchange and is not subject to state laws. CBS News legal reporter Katrina Kaufman has more.
Top Senate Democrats sought answers about Trump IRS deal from mining company Kaz Resources, cryptocurrency companies World Liberty Financial and prediction markets Polymarket and Kalshi.
The site claims its hub will provide accurate insights into election outcomes based on traders' bets.
After detecting suspicious activity on the teleprompter operator's account, Kalshi investigated and then referred the case to federal regulators.
It's rare for the Trump administration to admit a mistake, but Vice President JD Vance did just that on Joe Rogan's podcast, saying they mishandled the release of files related to convicted sex offender Jeffrey Epstein. Political strategists Joe Borelli and Cameron French join with analysis.
President Trump will allege Chinese meddling in U.S. elections during his primetime speech on Thursday night, sources say. CBS News White House reporter Olivia Rinaldi has the latest.
A White House teleprompter operator allegedly made nearly $100,000 betting on President Trump's speeches on the prediction market Kalshi, CBS News has confirmed. CBS News' Zak Hudak reports.
Spotify said the streams tied to Malcolm Todd's "Earrings" were not from genuine listeners after suspicious betting activity emerged on Kalshi.
The impending wedding of Taylor Swift and Travis Kelce has already generated more than $4.5 million in wagers, according to Kalshi.
A Wall Street Journal investigation found that the prediction market paid content creators to produce videos of fake trades purporting to show big financial gains.
The Commodity Futures Trading Commission has sued nine states to block them from regulating prediction markets such as Kalshi and Polymarket.