New York Targets Kalshi as Prediction Markets Face Scrutiny
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Tuesday, August 4, 2026
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Chris examines New York's lawsuit against prediction market Kalshi, arguing the dispute is ultimately about regulation and revenue. He also questions whether prediction markets genuinely benefit investors or simply create another avenue for sophisticated traders to profit at the expense of less experienced participants.
Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608
Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i
WATCH and SUBSCRIBE on:
https://www.youtube.com/@WatchdogOnWallstreet/featured
Chris examines New York's lawsuit against prediction market Kalshi, arguing the dispute is ultimately about regulation and revenue. He also questions whether prediction markets genuinely benefit investors or simply create another avenue for sophisticated traders to profit at the expense of less experienced participants.
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