The Tax Dodge of Kalshi: A Dubious Claim to Immunity The 2022 FIFA World Cup has brought unprecedented attention to online betting platforms, with Kalshi experiencing significant growth in wagers and revenue.
However, beneath this frenzy lies a contentious issue that raises questions about the company's true nature and its implications for tax authorities worldwide.
Kalshi asserts it is not a sportsbook, but rather a platform for speculative betting through "prediction markets.