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YouTubeThe Wall Street Journal
How Are Kalshi and Polymarket Worth Billions Without a Gambling License? | WSJ The Economics Of
Prediction markets like Kalshi and Polymarket allow traders to buy and sell "event contracts" on the future of nearly anything. The rapid growth of these markets–regulated by the Commodity Futures Trading Commission–has ignited a fierce legal battle with state attorneys general and gambling regulators over whether sports betting contracts ...
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