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Kalshi in court over 19 federal lawsuits. What's the future of prediction markets?

03:49
Advertisements for Kalshi in New York City predicted a victory for Zohran Mamdani in the city's mayoral election before the votes were counted and polls closed on Nov. 4, 2025. (AP)
Advertisements for Kalshi in New York City predicted a victory for Zohran Mamdani in the city's mayoral election before the votes were counted and polls closed on Nov. 4, 2025. (AP)

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