Kalshi Says It ‘Conducts No Business Whatsoever On Indian Lands,’ Points To UIGEA Exception, In Response To Tribes
via media.zenfs.com
Short excerpt below. Read at the original source.
InGame Kalshi revived an old-school argument that was popular with offshore gaming sites in the 1990s and early 2000s, as the prediction market argued that accepting bets from a specific jurisdiction doesn’t mean it does business there, and cited a carve-out within the Unlawful Internet Gambling Enforcement Act (UIGEA). However, it’s not clear that the […]