Kalshi Court Setback Raises Prospect of Supreme Court Fight
Mirrored from The Information — AI for archival readability. Support the source by reading on the original site.
Prediction markets startup Kalshi was dealt a setback by a federal appeals court that Friday ruled states had the right to regulate prediction markets, increasing the likelihood the company will turn to the Supreme Court to intervene in a fight between state lawmakers and the U.S. government.
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