Alex Johnson(@AlexH_Johnson):This analogy is dumb all the way through, but Utah is where it completely falls apart. Utah doesn’t derive any tax revenue from gambling. It’s not a bitter incumbent trying to keep a new competitor out. It’s trying to protect its citizens.

Alex Johnson

@AlexH_Johnson

Writing and podcasting @FintechTakes. Helping to build @finityWW. Endlessly curious.

参加 May 2009

3.7K フォロー中 29.5K ファン

Alex Johnson@AlexH_Johnson

2026.08.23 18:01

This analogy is dumb all the way through, but Utah is where it completely falls apart. Utah doesn’t derive any tax revenue from gambling. It’s not a bitter incumbent trying to keep a new competitor out. It’s trying to protect its citizens.

Daniel Wallach@WALLACHLEGAL

2026.08.23 04:41

Sorry Tarek, Kalshi is not just like Uber. Comparing local ride-sharing rules to federal and state gambling statutes that target underage gambling, problem gambling, financial exploitation, money laundering, and sports bribery oversimplifies a massive legal and regulatory divide.