Kalshi can't evade Nevada gambling laws by calling bets "swaps," court rules

Judges: "Placing sports bets, even when called by another name, is still gambling."
https://arstechnica.com/tech-policy/2026/08/kalshi-cant-evade-nevada-gambling-laws-by-calling-bets-swaps-court-rules/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social