Prediction Markets and Casinos Go to War Over Sports Betting

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Kalshi and Polymarket say their prediction markets are not subject to gambling laws and taxes. The casino industry is lobbying to shut them down as a wave of court cases take on the question.​Kalshi and Polymarket say their prediction markets are not subject to gambling laws and taxes. The casino industry is lobbying to shut them down as a wave of court cases take on the question.  

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