Kalshi CEO says state-led oversight of U.S. prediction markets would push them out
CEO Tarek Mansour said he feels “pretty good” about the pending outcome of the current legal fight over who has the right to regulate prediction markets.
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Summary
- The CEO of prediction markets firm Kalshi, Tarek Mansour, said that if the U.S. court side with states who claim gambling authorities over such businesses, they’ll be forced offshore.
- Though a couple of federal courts have issued decisions against his view, Mansour suggested he feels “pretty good” about his company’s legal standing in the U.S.
