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Kalshi is moving beyond prediction markets and into one of crypto's biggest trading lanes
Kalshi said offshore perpetuals grew from $28 trillion in annual volume in 2023 to more than $90 trillion in 2025.
CNBC
Gaming association says states have lost $1 billion in tax revenue due to prediction markets
Bill Miller, American Gaming Association president and CEO, added that prediction market platforms in his view amount to "backdoor sports betting."
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