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Prediction markets like Kalshi face legal disputes in multiple US states, with North Carolina nearing taxation.

SmartContractAuditor

2026-07-05 13:06:14

Odaily Planet Daily News: The prediction market industry, represented by Kalshi, is taking on legal disputes in multiple U.S. states, and in the dense court hearings this week, it argued that state regulators should not have jurisdiction. The related legal disputes are continuing to move forward in Nevada and Michigan, while Minnesota is holding live debates, and the case may also be appealed to the U.S. Supreme Court. Meanwhile, North Carolina is nearing the imposition of state taxes on prediction market revenue. (CoinDesk).

KALSHI-1.40%

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