Kalshi und Polymarket stehen vor einer Untersuchung wegen „Sportglücksspiel“, die Ihre Geschäfte ungültig machen und den Markt schließen könnte

tldr; Kalshi and Polymarket, platforms offering prediction markets, are facing scrutiny from Tennessee’s sports betting regulator, which accuses them of operating unlicensed sports gambling. Tennessee issued cease-and-desist letters demanding the voiding of unsettled trades and refunds to customers. Kalshi argues its contracts fall under federal jurisdiction regulated by the Commodity Futures Trading Commission (CFTC). The case highlights a jurisdictional conflict between state gambling laws and federal derivatives regulation, with broader implications for the industry.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Well, it’s not only sports. This is the ultimate degenerate gambling. It’s going inception, there are derivatives and predictions about predictions already.