Polymarket and its competition (Kalshi) can operate everywhere where draftking can’t because it’s governed by federal law vs state law. Under the CFTC. Poly sells contracts vs bets. Taxed as capital gains vs betting.
1M$ per week in fee revenues 🤯
node
npub1rz…dkxve
2026-02-28 03:41:37 CET
in reply to nevent1q…wx87
Author Public Key
npub1rzg96zjavgatsx5ch2vvtq4atatly5rvdwqgjp0utxw45zeznvyqfdkxvePublished at
2026-02-28 03:41:37 CETEvent JSON
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"content": "Polymarket and its competition (Kalshi) can operate everywhere where draftking can’t because it’s governed by federal law vs state law. Under the CFTC. Poly sells contracts vs bets. Taxed as capital gains vs betting. \n1M$ per week in fee revenues 🤯",
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