Why Prediction Markets Are a Safe Bet
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SACRAMENTO, Calif. — In the Nevada Gaming Control Board’s lawsuit against Kalshi, a federally regulated San Francisco-based company that facilitates peer-to-peer wagers on the outcomes of future events, the agency complains that the company offers a “gambling game” that “allows users to wager on the outcome of sporting events and other events for which the outcome is uncertain.”
The state of Nevada — obviously home to the largest gambling industry in the United States — wanted to ban the company
The state of Nevada — obviously home to the largest gambling industry in the United States — wanted to ban the company
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