Kalshi Hits Record Weekend Trading Volume Driven by Parlay Combos

Kalshi Hits Record Weekend Trading Volume Driven by Parlay Combos

Kalshi Nominal Trading Volume Reaches Record Highs on Parlay Bets Prediction market platform Kalshi recorded back-to-back record-shattering daily nominal trading volumes over the weekend, driven largely by multi-leg parlay contracts known as Combos, according to data cited by Bitcoin News. Combos Drive Weekend Volume Surge The record-breaking volume figures were propelled primarily by Combos, which … Read more

US States and NFL Back Supreme Court Review on Kalshi Sports Betting Contracts

US States and NFL Back Supreme Court Review on Kalshi Sports Betting Contracts

A coalition of 38 states, the District of Columbia, and the National Football League have filed amicus curiae briefs supporting New Jersey’s petition to the U.S. Supreme Court, intensifying a legal battle over the regulation of sports-based event contracts. The case, Flaherty v. KalshiEX, centers on whether federal commodity laws protect sports event contracts traded … Read more