Business & FinanceTechnology
Kalshi Denies It's a Sportsbook as World Cup Bets Surge
Kalshi processed $40B in World Cup bets while avoiding billions in state taxes. The CFTC-regulated platform faces 30+ lawsuits over its classification.
—5 min read
Tag
#Sports Betting
2 articles
BusinessRegulation
Kalshi: Sports App or Financial Exchange? Billions at Stake
A legal battle over whether Kalshi is a sports gambling app or financial exchange could determine billions in tax revenue and reshape U.S. betting.
—6 min read