Episode Details

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.

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