World & BusinessKalshi’s sports betting push and the split over state laws
The Wall Street Journal reports that judges have reached conflicting decisions on whether Kalshi is evading state laws, setting up a potential Supreme Court showdown.
TLDR
The Wall Street Journal reports that Kalshi’s move into sports wagers is challenging DraftKings and FanDuel and testing the rules for prediction markets. Judges have reached conflicting decisions on whether the platform is evading state laws—a split the Journal says could lead to a Supreme Court showdown.
Kalshi’s sports betting push and the split over state laws
The Wall Street Journal reports that judges have reached conflicting decisions on whether Kalshi is evading state laws, setting up a potential Supreme Court showdown.
TLDR
The Wall Street Journal reports that Kalshi’s move into sports wagers is challenging DraftKings and FanDuel and testing the rules for prediction markets. Judges have reached conflicting decisions on whether the platform is evading state laws—a split the Journal says could lead to a Supreme Court showdown.
