2 ms·

Sportsbooks are goners. Future markets don't have to pay state taxes so that 51% drag on profits goes away [1]. [1]: https://finance.yahoo.com/news/kalshi-ceo

• grogenaut 1y ago
  What's the future on that outcome?
  • lesuorac 1y ago
    Unfortunately, that future would be buying a security so you can't trade it yet. Given Kalshi a year to figure out how to wash it through a token and then you'll be able to buy calls/puts as futures.
• otterley 1y ago
  Time will tell. Cases that will ultimately determine their regulatory status are still making their way through the courts.