Nevada Regulators Double Down on Prediction Market Fight
Kalshi co-founder Luana Lopes Lara distinguishes prediction markets from sports betting in the ongoing dispute.
TLDR
The Las Vegas Review-Journal reports that Nevada Gaming Control Board members issued one of their strongest rebukes against prediction markets. Kalshi co-founder Luana Lopes Lara states the company has no plans to retreat from its legal fight with Nevada. The article explains how prediction markets differ from sports book wagering and notes New Jersey calling on the Supreme Court for a resolution.
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