Wanna bet? Super Bowl gamblers find a way around bans thanks to prediction markets

Government

There’s no legal sports betting in California, though Super Bowl-sized loopholes — in the form of new “prediction market” platforms — are allowing anyone across America to wager on games anyway. Companies such as Kalshi and Polymarket have made a big push into every state, including those where sportsbooks are banned, by offering customers the opportunity to buy and sell “contracts,” not bets — even as critics argue it’s simply repackaged sports gambling. The prediction markets’ expansion into

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