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)
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.
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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)
![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)]()
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June 01, 2025
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