{
  "id": 16044289,
  "title": "Kalshi and Polymarket’s U.S. Formula Could Hurt Them Abroad",
  "url": "https://urgent.news/2026/10/22/kalshi-and-polymarkets-u-s-formula-could-hurt-them-abroad",
  "topic": "culture",
  "section": "Culture",
  "published": "2026-10-22T11:55:00.000Z",
  "source": {
    "name": "Sportico",
    "slug": "sportico",
    "url": "https://www.sportico.com/business/sports-betting/2026/kalshi-polymarket-countries-legal-international-matchbook-1234952775/"
  },
  "original_language": "en",
  "account": null,
  "summary": "To succeed in the U.S., Kalshi and Polymarket rely on a close relationship with the federal government. The New York-based companies need the Commodity Futures Trading Commission (CFTC) to treat prediction markets like a financial asset so they can avoid state gambling laws and related taxes. But the CFTC does not provide shelter from international […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}