Native American Groups Back Legal Brawl With Kalshi, Robinhood

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Native American groups have filed a legal brief in support of a Wisconsin tribe's case against Kalshi and Robinhood, escalating tensions between the technology companies and tribes.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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A slate of Native American groups have filed a legal brief in support of a Wisconsin tribe’s case against prediction marketplace operator Kalshi Inc. and brokerage Robinhood Markets Inc. as tension between the technology companies and tribes escalates.

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Original article published by Bloomberg on January 7, 2026.
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