Kalshi and prediction market sector embroiled in mixed bag of legal fights across U.S.
CoinDesk·
60-second summary
Kalshi and the prediction market sector are currently embroiled in a mixed bag of legal fights across the U.S., with some battles with state gaming regulators going poorly for the industry, while others find support from would-be government protectors, including a recent proposal in the U.S. House of Representatives aiming to clarify regulatory oversight.
Some of the many battles with state gaming regulators aren't going well for the industry at the moment, but it isn't without its would-be government protectors.