Kalshi CEO says the fight is not state versus federal but whether prediction markets stay in the U.S. or go offshore, as appeals courts split 1-2
Kalshi CEO Tarek Mansour says state policing would drive US prediction markets offshore, though two of three appeals courts have sided with states. Sports slid from 95% of Kalshi's revenue to about two-thirds, a share change that cannot show how much volume left.
Reality
- Evidence58
- Adoption
- Insufficient
- Hype gap+20
- Incentives80
- Confidence65