U.S. Election Betting Delay Would Be ‘Devastating’ to Kalshi, Firm Says
Kalshi, a company that has staked its future on litigation and market opportunities, expressed concerns about potential delays in legal proceedings. The U.S. District Court for the District of Columbia was alerted to the company’s worries about the impact of delays on its operations.
The company emphasized the significance of timely resolution in the legal system, warning that any delays could be detrimental to Kalshi’s prospects. They fear that the agency involved may seek to prolong the process, leading to adverse consequences for the company.
Kalshi’s future rests on the outcome of the litigation and the associated market opportunities. Any delays in the legal proceedings could have far-reaching consequences for the company’s operations and future growth.
