NPR News·4 min read·medium
Kalshi says it's not a sportsbook even as World Cup bets surge
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Bobby Allyn
✦AI Summary
Prediction market platform Kalshi is facing scrutiny over whether it functions as an unlicensed sportsbook following a surge in World Cup betting. The company maintains it is a financial product, while critics argue it bypasses gaming regulations.
The World Cup has been a sports betting bonanza for Kalshi.
businesssportseconomy
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