Kalshi Says It Does Not Operate Like a Sports Book
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Kalshi and other prediction markets are coming under more pressure from multiple states and regulators. New York City and New York State are both investigating the exchange. Robert DeNault, Kalshi head of enforcement, says the company follows strict CFTC regulations and monitors the platform 24/7 looking for insider trading and suspicious activity. He speaks on "Bloomberg Surveillance." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebo
Tags: Annmarie Hordern, CFTC, Gambling, Kalshi Inc, Lisa Abramowicz, New York City, New York State, Politics, Polymarket, Robert DeNault, STOCK, Sports betting, Wall Street, insider trading, internet gambling, law, predicting markets, prediction markets
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