For anyone wondering where Kalshi draws the line when it comes to flat-out gambling, a letter to the Commodity Futures Trading Commission (CFTC) penned by co-founder and COO Luana Lopes Lara lays it out.
And her stated position is simple and direct: no casino-style gambling.
The letter was posted to the CFTC’s public comments page as the regulatory body prepares to pen new rules for the prediction market space.
“The Commission should build on this strong foundation by providing clear guidance that supports a broad range of event contracts on regulated exchanges, drawing firm lines where appropriate — around terrorism, assassination, war, and casino-style gaming — while ensuring that the universe of event contracts can continue to be listed, traded, and overseen by the Commission,” Lopes wrote by way of introduction.
