Key Takeaway
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.
Published July 17, 2026 · Category: News
Overview
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.
Details
(Image credit: Erin Hooley/AP Photo/Erin Hooley)
Source
Originally published at www.npr.org.
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Frequently Asked Questions
What is "Kalshi says it's not a sportsbook even as World Cup bets surge" about?+
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.
Who reported this story?+
This story was reported by NPR News.