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Kalshi says it's not a sportsbook even as World Cup bets surge

Kalshi says it's not a sportsbook even as World Cup bets surge
NPR Technology Friday 17 July 2026, 09:00 UTC By Bobby Allyn 1 min read
Key Points

The betting site Kalshi emerged as a dominant sports betting platform during the World Cup. But the company avoids billions of dollars in taxes by insisting it is not a sports gambling operator.(Image credit: Erin Hooley/AP Photo/Erin Hooley)

The betting site Kalshi emerged as a dominant sports betting platform during the World Cup. But the company avoids billions of dollars in taxes by insisting it is not a sports gambling operator.

(Image credit: Erin Hooley/AP Photo/Erin Hooley)

[Image text:] x Kalshi Kalshi: Trade News & Sports ade ccer Basketbal Get 85K RATINGS 4.7 ***** 35 18+ In-App Controls #13 Finance Kalshi Prediction Markets Trade on Live Sports Pro Basketball (M) Colleg Game lines Spreads Total
Kalshi (PERSON) World Cup (EVENT) the World Cup (EVENT) Erin Hooley (PERSON)
Originally published by NPR Technology Read original →

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