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Kalshi says it's not a sportsbook even as World Cup bets surge

The betting site Kalshi emerged as a dominant sports betting platform during the World Cup. But the company avoids billions of dollars in taxes by insisting it is not a sports gambling operator.
The betting site Kalshi emerged as a dominant sports betting platform during the World Cup. But the company avoids billions of dollars in taxes by insisting it is not a sports gambling operator.

This article was originally published at: https://www.npr.org/2026/07/17/nx-s1-5884848/kalshi-sport...