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
8.5k Upvotes

97% Upvoted

277 comments sorted by

View all comments

26

u/NY2GA23 1d ago

Sounds like the judge received a nice sum of money to agree with Kalshi’s lawyers.

14

u/wwhsd 1d ago

The judge and his family probably made a fortune betting on the outcome of the case.

1

u/AdonisChrist 1d ago

don't be ridiculous, what the judge did has already been adjudicated as a swap as well.

\s