| Post Reply | RetroFed Forum Forum Index » Politics |
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pelespirit
sh.itjust.works
pelespirit@sh.itjust.worksJoined: 2023-06-14 |
Tennessee has won a major round in its legal fight with prediction market company Kalshi, strengthening the state’s ability to regulate sports-related contracts offered on the platform. Prediction markets allow users to put money on whether a future event will occur. The available markets can involve entertainment, politics, weather and numerous other subjects. However, Tennessee’s court fight with Kalshi focused specifically on contracts involving sporting events. “The states have the authority to regulate gambling,” Tennessee Attorney General Jonathan Skrmetti told NewsChannel 5. |
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toiletobserver
lemmy.world
toiletobserver@lemmy.world Joined: 2023-07-08 |
Do you think we'll figure out that all investments are a form of betting? |
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