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Kalshi CEO says legal battle over prediction markets could reach the US Supreme Court, CDC Gaming reports

  • Kalshi CEO says legal battle over prediction markets could reach the US Supreme Court, CDC Gaming reports — CDC Gaming reported on October 22 that Kalshi CEO Tarek Mansour, speaking on the Reuters Econ World podcast, said the legal dispute over prediction market regulation could reach the US Supreme Court amid dozens of lawsuits. States argue sports event contracts should face state gambling laws and taxes, while Kalshi says its contracts are CFTC-regulated derivatives exempt from state oversight. (CDC Gaming)

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