An appeals court rules states can regulate prediction markets, finding Kalshi's sports event contracts are bets, not swaps, and subject to state gambling laws (Lauren McCarthy/New York Times)
Techmeme
An appeals court rules states can regulate prediction markets, finding Kalshi's sports event contracts are bets, not swaps, and subject to state gambling laws (Lauren McCarthy/New York Times)
By Lauren McCarthy / New York Times. View the full context on Techmeme.
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