No matter HOW much prediction markets insist they’re NOT gambling - the government disagrees Kalshi’s been fighting tooth and nail with US states about the enforcement of gambling laws - and now they just lost against Ohio and Tennessee What apps like Kalshi call “swaps” are a legal loophole that differentiates their “bet on anything” platforms from traditional online casinos - but what we keep repeatedly noticing are states flat out not accepting this as a proper definition If the “swaps” actua
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No matter HOW much prediction markets insist they’re NOT gambling - the government disagrees Kalshi’s been fighting tooth and nail with US states about the enforcement of gambling laws - and now they just lost against Ohio and Tennessee What apps like Kalshi call “swaps” are a legal loophole that differentiates their “bet on anything” platforms from traditional online casinos - but what we keep repeatedly noticing are states flat out not accepting this as a proper definition If the “swaps” actua
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