Exclusive-Kalshi ends Donald Trump Jr’s advisory contract due to Polymarket conflict

More in Business

• Blackstone-backed JP Schools to enter NCR

  The Jayshree Periwal Group of Schools has secured two land parcels from DLF Foundation to establish its presence outside of Jaipur. This strategic acquisition is supported by private equity sponsor Blackstone, which is deploying hundreds of millions of dollars to scale premium K-12 education platforms across supply-constrained metropolitan areas in India.

  1 min read
• THC drink companies rush to sell inventory as Illinois ban takes effect

  State regulators have implemented a strict prohibition targeting the beverage market, forcing commercial operations to pivot immediately. Affected enterprises are liquidating existing stock before enforcement measures cut off distribution entirely. This sudden regulatory shift abruptly impacts the commercial viability of these specific products across the state.

  4 min read
• Exclusive-Kalshi ends Donald Trump Jr's advisory contract due to Polymarket conflict

  The prediction startup severed ties after an outside business move placed its high-profile advisor in direct partnership with a primary competitor. Donald Trump Jr.'s venture firm deepened financial support for a rival platform over the summer, prompting discussions to terminate his professional relationship with Kalshi. Both entities agreed to the split amicably following the venture fund's market maneuvering.

  1 min read