Kalshi cited North Carolina’s new tax on prediction markets as evidence that state taxation can coexist with federal oversight. Nevada says that argument cuts the other way. Nevada is using Kalshi’s own argument over North Carolina’s prediction market tax against it in the Ninth Circuit. The state says the operator’s reliance on the law undercuts […] The post Nevada Says North Carolina Tax Undermines Kalshi’s Preemption Case appeared first on Gambling Insider.
Source: Gambling Insider →