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		<updated>2026-05-15T22:06:28Z</updated>
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		<id>http://www.vokipedia.de/index.php?title=Kalshi_%27Won%27t_Stop%27_Offering_Sports-Event_Contracts_Unless_CFTC_Steps_In</id>
		<title>Kalshi 'Won't Stop' Offering Sports-Event Contracts Unless CFTC Steps In</title>
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				<updated>2026-05-11T23:42:43Z</updated>
		
		<summary type="html">&lt;p&gt;LeslieRintel92: Die Seite wurde neu angelegt: „&amp;lt;br&amp;gt;A questionable prediction market platform creator stated his company solutions to the Commodity Futures Trading Commission (CFTC) only.&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;- Mansou…“&lt;/p&gt;
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&lt;div&gt;&amp;lt;br&amp;gt;A questionable prediction market platform creator stated his company solutions to the Commodity Futures Trading Commission (CFTC) only.&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;- Mansour stated during an [http://124.223.54.6228/pattigrow14015 interview] Friday with TechCrunch he isn't &amp;quot;necessarily extremely concerned&amp;quot; about 5 cease-and-desist letters over his sports-outcome [https://beadencare.com/blog/another-blog-post markets].&amp;lt;br&amp;gt;- Kalshi, which currently uses prediction markets in 50 U.S. states, says it's [https://www.comesuomo1974.com/groom-look-guida-agli-accessori-per-lo-sposo/ controlled] by the CFTC, not state regulators, and does not need a gaming license.&amp;lt;br&amp;gt;- The Kalshi founder believes casino lobbyists are behind the orders for his website to stop operating in legal sports wagering states.&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;Kalshi's Tarek Mansour specified throughout an interview with TechCrunch on Friday he isn't &amp;quot;necessarily really concerned&amp;quot; about cease-and-desist orders he got from 5 U.S. states. Those jurisdictions argue his sports-event outcome markets, which resemble sportsbook odds, break these states' legal sports wagering guidelines and need a license to [https://affiliateincome.top/mypayingsites/member.php?action=viewpro&amp;amp;member=GeorgiaBad operate].&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;Mansour does not see that stopping him from offering his markets in all 50 states.&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;quot;We are actually like a financial exchange, but the underlying trading is occasions,&amp;quot; Mansour said. &amp;quot;The CFTC is our regulator. If the CFTC informs us to stop, we will absolutely stop. If they do not, then we won't.&amp;quot;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;[https://link.botam.my.id/juliannbradfor Mansour] said he received cease-and-desist letters from Nevada, New Jersey, Ohio, Illinois, and Montana, but Kalshi is under &amp;quot;special jurisdiction.&amp;quot; He compared Kalshi's situation to grain futures trading in Kansas, where state law restricts it but federal law lets it occur.&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;quot;The state law doesn't actually use when you're a federally regulated exchange,&amp;quot; Mansour stated.&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;'Not  about this'&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;Kalshi feels so highly about that [https://karabast.com/wiki/index.php/User:MillardMcMahan7 position] that it submitted claims against Nevada and New Jersey to continue using sports-event contracts in all 50 U.S. states.&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;quot;The factor why states are sending us these cease-and-desists is due to the fact that there are huge casino lobbyists not happy about this,&amp;quot; Mansour stated.&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;The CFTC hasn't explicitly specified it's in favor of sports-outcome markets, but hasn't asked Kalshi to stop offering them, either.&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;Mansour argues monetary derivatives are different than the real definition of gambling because they validate the marketplace by discovering prices and handling threat. The company's creator stated it's like states deciding the New [http://www.businessfreedirectory.biz/details.php?id=586529 York Stock] Exchange can't operate in their jurisdictions without a video gaming license.&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;quot;We do not fall under that design. There hasn't been a single monetary derivative established in the U.S. or otherwise that hasn't been called gambling at the beginning. It's regularly the same thing,&amp;quot; Mansour said.&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;How it began&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;The CFTC initially obstructed Kalshi from offering election outcome markets in 2024, however the company received a favorable judgment from [http://wiki.ladearth.xyz/index.php?title=User:MaritzaScarbroug federal judges] to let users place agreements on numerous events, like the presidential race.&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;Kalski started diving into sports prediction markets earlier this year with Super Bowl LIX and expanded with March Madness, which produced over $200 million in contracts during the NCAA tournament's very first weekend. Kalshi uses its sports markets through the popular trading platform Robinhood, which also receieved cease-and-desist letters.&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;quot;It has a financial utility behind the speculative activity, which's what makes it a monetary instrument and not a gambling instrument,&amp;quot; [http://www.vokipedia.de/index.php?title=Benutzer:LeslieRintel92 Mansour stated].&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;[http://git.youkehulian.cn/shonasaiz49012 Handling] Nevada&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;&amp;lt;br&amp;gt;The Nevada Gaming [https://www.nuriakigrid.com/index.php?title=User:LaurenLopresti Control] Panel was the very first state regulator to act versus Kalshi when it told the platform in early March to stop running unlicensed video gaming. Mansour stated Friday the Nevada sports [https://musikpedia.id/index.php?title=Pengguna:AlvaroSawers7 betting regulative] agency launched the cease-and-desist letter publicly before Kalshi got it.&amp;lt;br&amp;gt;&lt;/div&gt;</summary>
		<author><name>LeslieRintel92</name></author>	</entry>

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				<updated>2026-05-11T23:42:40Z</updated>
		
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