5 Comments
Aug 3, 2021Liked by Nuño Sempere

Thanks for the mention, Nuno. It's a pity that legitimate betting sites are so often smeared as dens of underworld/money laundering concerns. I'd bet that actually, on-line money laundering, tax evasion fraud, and addiction problems all are much less prevalent online than at brick and mortar bookies/casinos. But this part of the internet is unfortunately suspect and not very palatable to the powers-that-be, and never will be. That in turn has much to do with the scalability of on-line casinos, which in turn does cause a massive loss of market share for the regulated state lotteries like Lotto in Germany. And those do pay millions in taxes in Germany, not Malta.

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Hi Nuno! My name is Tarek, one of the founders at Kalshi. Really appreciate the mention here. I would love to chat about prediction markets and get your feedback on the platform if you have some time. What's the best way to contact you?

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Hi Tarek, cheers. I think you also sent an email to the forecasting newsletter, I'll answer through that in the next few days.

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But also, I just appreciate Kalshi from afar because you have been able to build a decent amount of volume on questions which seem fairly informative (as opposed to e.g., sports). But sadly I can't trade there, as I'm not an American.

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Sounds good, thanks!

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