High-Stakes Wagers Move From Trading Screens to Courtrooms
The business of betting on the future is now itself the subject of a legal gamble. Prediction-market platform Kalshi has enlisted former U.S. solicitor general Neal Katyal as it battles state regulators determined to rein in its fast-expanding event-contracts model. Katyal, now a leading Supreme Court advocate at Milbank, appeared this week in litigation challenging …
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