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Better Markets urges Second Circuit to preserve New York’s power over Kalshi sports contracts
The advocacy group argues that Kalshi’s event contracts are gambling, while the CFTC maintains that federally regulated prediction markets fall under its exclusive authority.
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Better Markets urges Tenth Circuit to uphold Utah’s Kalshi gambling ruling
The advocacy group says sports-event contracts are gambling, while a Third Circuit ruling has backed Kalshi’s federal-preemption argument in New Jersey.
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Better Markets urges regulators to let states and tribes regulate gambling
The financial-reform group says influencer-led promotions portray wagers as investments and expose young users to losses.