Kalshi CEO says state-led oversight of U.S. prediction markets would push them out

60-second summary
Kalshi CEO Tarek Mansour says he feels “pretty good” about the pending legal fight over who can regulate U.S. prediction markets, warning that state‑led oversight would likely push the industry out of the country. He argues federal jurisdiction protects national liquidity and innovation, implying that continued regulatory clarity could sustain market growth and investor confidence.
CEO Tarek Mansour said he feels "pretty good" about the pending outcome of the current legal fight over who has the right to regulate prediction markets.