https://www.live-feeds.com/feed/inside-kalshi-ceo-tarek-mansour-s-testy-relationship-with-indian-casinos-and-how-it-could-pose-an-existential-threat-lyiContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/inside-kalshi-ceo-tarek-mansour-s-testy-relationship-with-indian-casinos-and-how-it-could-pose-an-existential-threat-lyihttps://www.live-feeds.com/feed/inside-kalshi-ceo-tarek-mansour-s-testy-relationship-with-indian-casinos-and-how-it-could-pose-an-existential-threat-lyi#u87203Mon, 28 Sep 2026 10:25:43 +0000A United States appeals court has ruled that individual states maintain the authority to regulate prediction markets, dealing a substantial legal blow to platforms like Kalshi. The decision validates state-level oversight of sports prediction markets, which critics and regulators argue operate similarly to traditional gambling. This court ruling creates severe regulatory headwinds for prediction platforms operating across multiple jurisdictions. The legal clash unfolds alongside a testy relationship between Kalshi leadership and tribal gaming operators, compounding operational challenges for t