Bits + Bips: Is Kalshi Headed to the Supreme Court Next?

📢 Bits + Bips has its own channel now — full episodes here: https://www.youtube.com/@Bitsandbips 

A Ninth Circuit panel ruled 3-0 that Nevada can enforce its gambling laws against Kalshi's sports contracts, directly conflicting with an April ruling that put Kalshi under CFTC oversight instead.

Andy Ross, Head of Institutional at Kalshi, joins the panel to make the case that prediction markets are nothing like sportsbooks, that Kalshi wants its winners to keep winning, and that its fastest-growing customers are not hedge funds but ice cream shops, kayak renters, and boat charter operat...