Judges repeatedly challenged Kalshi’s attempt to distinguish its sports-event contracts from conventional wagers as California tribes seek to revive their bid for an injunction. A Ninth Circuit panel repeatedly compared Kalshi’s sports-event contracts to traditional sports wagers on Friday, pressing the prediction market operator to explain why the two should be treated differently under federal […] The post Ninth Circuit Presses Kalshi on Sports Betting Comparisons in Tribal Appeal appeared first on Gambling Insider.
Source: Gambling Insider →