STORY-TRÅD·sport

Kalshi Says It Does Not Operate Like a Sports Book

Kalshi and other prediction markets are coming under more pressure from multiple states and regulators. New York City and New York State are both investigating the exchange. Robert DeNault, Kalshi head of enforcement, says the company follows strict CFTC regulations and monitors the platform 24/7 looking for insider trading and suspicious activity. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)