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Gary Gensler Joins Fight Against Kalshi, Says Congress Never Approved Sports Betting Markets

2026-06-12 13:22:24

Story Highlights* Gary Gensler argues Congress never intended CFTC oversight of nationwide sports betting.

Kalshi's legal battle could reshape control of America's $165 billion wagering industry.
More than thirty tribes joined Ohio supporting state authority over prediction markets.

KALSHI-0.49%

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