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
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