Kalshi’s March Madness Markets Surpass $40 Million On Day 1
Over $50 million has already been traded on Kalshi’s March Madness markets, including roughly $1.5 million on women’s basketball. Unlike sportsbooks, Kalshi operates under CFTC regulations, classifying these bets as financial instruments rather than gambling. Critics argue that event trading circumvents state betting laws, while … Read more
