points by kube-system 5 days ago | 0 comments
States have the right to enforce gambling laws, even if the defendant calls it something else.
[–] Miner49er 5 days ago
[–] kube-system 4 days ago
Federal law doesn't always preempt state law, preemption is only applied in certain cases. Given that gambling is traditionally the domain of states to regulate, Kalshi's argument is really dependent on this being "not gambling".
Given that their primary business is literally sports betting -- it's going to be a tough battle.
The only reason it has gone this far is that the current admin's family is personally invested in this bullshit.
[–] Frieren 5 days ago
It is the same argument that a "sovereign citizen". The "I do not recognize your law" kind of stupidity. The only reason they have not been long in prison is corruption at the highest level at the White House.
If the federal government says it's not gambling, then does a state get to say it is?
States can't just override federal law with their own laws.