Published on: 2025-09-04 04:57:31
Last week, prediction market startup Kalshi sued New Jersey and Nevada after they tried to shut down its recently launched sports trading operation. In the lawsuit, Kalshi claimed that, since they’re a federally regulated platform, state gaming commissions don’t have the authority to set rules for them. “We’re not necessarily very concerned [because] we are regulated at the federal level,” said Kalshi CEO Tarek Mansour last week at a StrictlyVC event in San Francisco. “The state law doesn’t rea
Keywords: kalshi mansour prediction sports trump
Find related items on AmazonPublished on: 2025-09-11 04:00:00
Kalshi is the largest prediction market in America, creating an entire trading economy around political, sports, and cultural events. To some, including several states, it’s an illegal effort that requires gambling licenses. To others, including some courts and members of the Trump administration, it’s just a new financial opportunity. In a conversation with TechCrunch’s Maxwell Zeff, CEO Tarek Mansour offers his perspective on why he views Kalshi as a global source of truth.
Keywords: administration ceo courts including kalshi
Find related items on AmazonPublished on: 2025-10-12 23:15:27
Online trading platform Robinhood has positioned itself as the financial app of the people, promising “investing for all.” Apparently the company has decided that what the people need as the stock market continues to undergo a “correction” is the ability to gamble. On Monday, the company announced that it will launch a new prediction hub in its app that will allow people to “trade on the outcomes of some of the world’s biggest events,” which is apparently distinct from gambling in some way. Per
Keywords: contracts kalshi outcome people robinhood
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