Kalshi could be headed for Supreme Court showdown, CEO says

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A legal clash between prediction markets and US states over who should regulate the industry could eventually end up at the Supreme Court, Tarek Mansour, the CEO and co-founder of Kalshi, told Reuters. Dozens of states have taken legal action over sports-related trades on Kalshi, a prediction markets platform that offers users yes-or-no bets on everything from which political party will control Congress after the US midterms to who will win the current season of "Dancing with the Stars." #predictionmarkets #kalshi #supremecourt #legal #bet 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en