Kalshi Faces State Bans, Raises $1B
Tech News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Nevada Court Halts Kalshi Operations, Sparking Nationwide Controversy: A prediction market platform, Kalshi, faces a fourteen-day restraining order in Nevada, marking the first U.S. state to shut it down completely. The company is also under fire in Arizona for criminal charges and in other states for similar clashes. Despite the turmoil, Kalshi recently raised $1 billion, valuing it at $22 billion. The Supreme Court may settle the debate on whether prediction markets dodge gambling laws.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/ce0d22e956909e3a