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Nevada Wins Legal Battle Over Prediction Markets | Honduras News
Kalshi’s bid to operate prediction markets under federal rules hit a major roadblock as a federal appeals court sided with Nevada, ruling that sports betting-style wagers fall under state jurisdiction—not federal swaps law. With conflicting rulings already from other circuits and 20 states entangled in similar legal battles, this case could soon head to the Supreme Court, reigniting the debate over who controls emerging financial markets—and whether states can regulate them even when companies try to reframe their activities. Listen in comfort:Get a discount on a Soli Pillow…
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