Smash Notes
Why Is New York Suing Kalshi for Thirty Six Billion Dollars in Kalshi's Home State?
A federal appeals court had just said Ohio and Tennessee can regulate Kalshi through their gambling laws. The host asked Luana Lopes Lara whether the state cases are an existential threat.
New York alone is suing Kalshi for thirty six billion dollars, and New York is the state where Kalshi is headquartered. The figure is the host's number for the New York case, stated on the episode before the exchange-versus-sports-book answer.
Masters of Scale
·
Kalshi vs. Everyone: Co-Founder Luana Lopes Lara on the lawsuits and the long game
·
at 7:15
·
·Transcript
People
On this episode
- How Did Kalshi Move From a 2021 Launch and a Five Billion Valuation to 22 Billion After Four Regulated Years? Transcript
- Why Is New York Suing Kalshi for Thirty Six Billion Dollars in Kalshi's Home State? Transcript
- Why Does Kalshi Grow a Lot by Running a Federally Regulated Exchange Rather Than a Sports Book? Transcript
- Why Did Draftkings Report No Cannibalization Between Sports Betting and Prediction Markets? Transcript
- Why Did Kalshi Reimburse More Than Two Million Dollars on the Iran Supreme Leader Contract? Transcript
- Why Do About Seventy Eight Percent of Kalshi Visitors Look at the Data Without Placing a Trade? Transcript