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Kalshi CEO warns state led oversight could push prediction markets offshore
- Kalshi CEO warns state led oversight could push prediction markets offshore — At DC Fintech Week on October 14, Kalshi CEO Tarek Mansour argued that if states win regulatory authority over prediction markets, companies could relocate overseas, reducing US oversight and tax revenue. He said Kalshi feels confident in its legal position despite mixed lower court rulings and a pending Supreme Court petition from New Jersey. (Newisty)
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