Kalshi CEO: ‘State law doesn’t really apply’ to us

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Kalshi CEO: ‘State law doesn’t really apply’ to us

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Last week, prediction market startup Kalshi sued New Jersey and Nevada after they tried to shut down its recently launched sports trading operation. In the lawsuit, Kalshi claimed that, since they’re a federally regulated platform, state gaming commissions don’t have the authority to set rules for them. “We’re not necessarily very concerned [because] we are […]

Source: https://techcrunch.com/2025/04/09/kalsh ... ply-to-us/
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