Kalshi challenges Times report amid widening prediction market regulatory battles
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Kalshi is disputing a New York Times report about the expanding legal and political battle over prediction markets, including questions about sports betting, taxes, consumer safeguards and federal intervention.
The company responded August 27 as 20 states face active litigation involving Kalshi or other prediction markets. Separately, 44 states signed a letter to the Commodity Futures Trading Commission arguing the platforms have sidestepped state regulation and taxes.
“The New York Times
The company responded August 27 as 20 states face active litigation involving Kalshi or other prediction markets. Separately, 44 states signed a letter to the Commodity Futures Trading Commission arguing the platforms have sidestepped state regulation and taxes.
“The New York Times
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