Is Kalshi a Casino? Its CEO Makes the Case It's a Market

Oct 29, 2026•Ep. 5•Titans On Tomorrow
Titans on Tomorrow Ep. 5 with guest Tarek MansourPresented by VCX by Fundrise: Visit https://GetVCX.com for more info.48 hours ago, we sat down with Kalshi CEO and Co-Founder Tarek Mansour to talk about the company's dispute with states over whether their platform is a prediction market subject to federal financial regulation, or dressed up gambling.Unexpectedly, on October 28, 2026, Utah's attorney general filed criminal charges against Kalshi and its co-founders, CEO Tarek Mansour and Luana Lopes Lara. The state brought 13 felony counts and one misdemeanor, alleging the prediction market illegally promoted gambling. Each founder could face up to 75 years in prison. Kalshi calls the case "a crazy overreach" and says Utah is playing politics.We recorded this conversation before the charges were filed, when Utah's fight with Kalshi was still a civil dispute.Full disclosure: The Daily Wire has a financial relationship with Kalshi, which has been an ad partner on some of our shows.

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