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Sportsbooks are goners.

Future markets don't have to pay state taxes so that 51% drag on profits goes away [1].

Time will tell. Cases that will ultimately determine their regulatory status are still making their way through the courts.

What's the future on that outcome?

Unfortunately, that future would be buying a security so you can't trade it yet.

Given Kalshi a year to figure out how to wash it through a token and then you'll be able to buy calls/puts as futures.