Kalshi and other prediction markets face legal disputes in multiple US states, with North Carolina approaching taxation on the industry

Odaily Planet Daily News The prediction market industry, represented by Kalshi, is facing legal disputes in multiple US states and argued in intensive court hearings this week that state regulatory agencies should not have relevant jurisdiction. Related legal disputes continue to advance in Nevada and Michigan, with live debates underway in Minnesota, and the case may also be appealed to the US Supreme Court. Meanwhile, North Carolina is approaching the imposition of state taxes on prediction market revenue. (CoinDesk).