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Regulus Partners: Kalshi’s Nevada win could set a “solid jurisprudence”
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Regulus Partners: Kalshi’s Nevada win could set a “solid jurisprudence”
Regulus Partners has claimed that prediction markets need to be on “stronger legal and economic ground” if the sector is to continue its current trajectory. Since Crypto.com launched sports event contracts just before Christmas, regulatory scrutiny of this burgeoning sector has intensified. Kalshi has drawn the ire of several state regulators, with six issuing cease-and-desist warnings in Nevada, Montana, New Jersey, Illinois, Ohio, and Maryl…
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