Kalshi: Cracks in Legal Theory Beginning to Emerge After Early Court Victory

Published on Oct 29, 2025

Kalshi, the U.S.-based prediction market operator that recently introduced sports betting to its platform, notched an early courtroom win in Nevada earlier this year, bolstering the notion that the company’s novel interpretation of the law could open the door for nationwide sports betting, free from the fees and regulatory hassle imposed by individual states…

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