Dossier
Sports Wagering Fund
Coverage of Sports Wagering Fund in the Nexus archive.
- Kalshi sues Illinois over new tax on prediction markets
Kalshi, a prediction market platform, sued Illinois officials over a new state law imposing a 15% tax on sports-related wagers. The company argues the law violates the supremacy clause by conflicting with federal regulation of derivatives overseen by the Commodity Futures Trading Commission.