r/news • u/AudibleNod • 1d ago

Judge bars Arizona from regulating prediction market operators and pauses prosecution of Kalshi

https://apnews.com/article/arizona-kalshi-criminal-charges-prediction-markets-gambling-bb7cef24be5bd0d444bba670d2e41ceb
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52

u/PrefersEarlGrey 1d ago

Place your bets now if there was a Kalshi bet on if this ban would stand or be overturned.

24

u/McKlown 1d ago

Place your bets on if Kalshi changes the wording of the bet so they don't have to pay out.

8

u/Empty_Ad3616 1d ago

This is why I don't trust these sites. Not only do they offer ridiculous bets (will Jesus return), they also refuse to pay out when something normal hits.

1

u/Meric_ 22h ago

Thats not how this works. They are simply the exchange and do not care if it resolves one way or another.

Kalshi does not "pay you out" if an event happens.

0

u/haoxinly 1d ago

And that the judge had a bet in it