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Kalshi Sees $150M in Super Bowl Bets Amid Legal Scrutiny

2/2/2026

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Summary

Story summary

Prediction markets such as Kalshi exploit loopholes to allow Super Bowl bets.
Kalshi and similar platforms have seen over $150 million wagered on Super Bowl LX.
California bans sports betting outside tribal casinos, prompting concerns about oversight.
The Commodity Futures Trading Commission (CFTC) regulates these markets, with ongoing legal challenges.
California Attorney General Rob Bonta has not taken direct action but monitors litigation.

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Story summary

Prediction markets such as Kalshi exploit loopholes to allow Super Bowl bets.
Kalshi and similar platforms have seen over $150 million wagered on Super Bowl LX.
California bans sports betting outside tribal casinos, prompting concerns about oversight.
The Commodity Futures Trading Commission (CFTC) regulates these markets, with ongoing legal challenges.
California Attorney General Rob Bonta has not taken direct action but monitors litigation.