Markets · 1 sources covering this

Kalshi Grilled by Massachusetts High Court Over What Gambling Is

The Massachusetts Supreme Court appeared skeptical of Kalshi Inc.’s claim that its prediction markets don’t fall under state gambling laws because the company is instead providing financial arrangements between people using “swap” contracts on events like sports.

Coverage spectrum

1 L · 0 C · 0 R

How 1 sources are covering this

BloombergLean L·1d ago
Kalshi Grilled by Massachusetts High Court Over What Gambling Is
The Massachusetts Supreme Court appeared skeptical of Kalshi Inc.’s claim that its prediction markets don’t fall under state gambling laws because the company is instead providing financial arrangements between people using “swap” contracts on events like sports.
Read at Bloomberg →

Kalshi Grilled by Massachusetts High Court Over What Gambling Is

How 1 sources are covering this

Kalshi Grilled by Massachusetts High Court Over What Gambling Is

More from Markets

Iran Draws a Line and Puts Markets on Notice

Indonesia Intervenes in Markets as Rupiah Sets New Record Low

US and Iran Trade Fire in the Gulf, UAE Intercepts Missiles

Go-Anywhere Bond Funds Stage a Comeback as Flexible Bets Pay Off

Reader

Trust & legal

Across the network