A profile of prediction market Kalshi, which is using its federal financial license to open up sports gambling across the US, even in states where it is illegal (Justina Lee/Bloomberg)

Justina Lee / Bloomberg: A profile of prediction market Kalshi, which is using its federal financial license to open up sports gambling across the US, even in states where it is illegal  —  Armed with a federal license and allies in Trumpworld, the tech start-up is pushing prediction markets across America into a legal gray zone: sports betting.

Jun 2, 2025 - 08:06
A profile of prediction market Kalshi, which is using its federal financial license to open up sports gambling across the US, even in states where it is illegal (Justina Lee/Bloomberg)
Justina Lee / Bloomberg: A profile of prediction market Kalshi, which is using its federal financial license to open up sports gambling across the US, even in states where it is illegal  —  Armed with a federal license and allies in Trumpworld, the tech start-up is pushing prediction markets across America into a legal gray zone: sports betting.