Titus aims to curb 'event contracts' that circumvent state betting laws; Kalshi cashes in on Super Bowl

LAS VEGAS (KLAS) — As reports of Kalshi's $871 million in Super Bowl "event contracts" — wagers in the eyes of Nevada gaming regulators — circulated in the sports betting community, a lawmaker introduced legislation to curb the emerging prediction markets. Democratic Nevada Congresswoman Dina Titus on Tuesday introduced the Fair Markets and Sports Integrity [...]