Bits + Bips: Is Kalshi Headed to the Supreme Court Next?
About this episode
The episode discusses Kalshi's legal challenges regarding prediction markets and gambling laws in Nevada.
📢 Bits + Bips has its own channel now — full episodes here: https://www.youtube.com/@Bitsandbips A Ninth Circuit panel ruled 3-0 that Nevada can enforce its gambling laws against Kalshi's sports contracts, directly conflicting with an April ruling that put Kalshi under CFTC oversight instead. Andy Ross, Head of Institutional at Kalshi, joins the panel to make the case that prediction markets are nothing like sportsbooks, that Kalshi wants its winners to keep winning, and that its fastest-growing customers are not hedge funds but ice cream shops, kayak renters, and boat charter operators hedging ordinary business risk. Hosts: Austin Campbell - Host of Bits + Bips, Founder of Zero Knowledge Group, and Adjunct Professor at NYU Stern Ram Ahluwalia - Co-host of Bits + Bips and CEO of Lumida Chris Perkins - Co-host of Bits + Bips and Head of Franklin Crypto Guest: Andy Ross - Head of Institutional at Kalshi This clip is from a longer conversation on Kalshi's clash with state regulators over prediction markets. Full episode here: https://youtu.be/c5qwxUlaKQ4?si=9vIZPp0imIyuJIs3 We go live every Monday - subscribe to catch it live. 👉 Visit 1inch to swap tokenized…
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