Brad Milkey
speaker
9,244 appearances
57 recordings
1 series
first heard Jun 2026
last heard 2d ago
Brad Milkey’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 57 in all, peaking in Aug 2026 with 20.
Appearances
You know how you can set up a futures market where people are buying and selling shares of companies they don't own based on what they think will happen later?
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Well, Calci will set up a market with contracts tied to different outcomes.
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If the contract is based on whether Coco Goff wins the next set, wait for it to happen.
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Does all the yes contracts get paid?
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If she doesn't win, the no contracts get paid.
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Along the way, you can buy and sell these contracts at different prices, which might seem like odds changing, but no, it's different.
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Completely different from sports betting, they say.
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New Jersey's top
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but that's not even what this lawsuit is about.
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The lawsuit is about who gets to the side.
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You see, just this past April, the Third Circuit Court of Appeals sided with Kalchi on this.
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They were the first federal court to say this is different from sports betting, it's futures trading, and the federal government has the ultimate say over it in the form of the Commodity Futures Trading Commission.
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Well, the CFTC under President Trump has routinely backed up these prediction sites.
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By the way, the president's son, Donald Trump Jr., is part of a group investing hundreds of millions.
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Into one of these sites, Calci's rival Polymarket.
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But then just last week, a different federal court said no, actually, CalShi isn't.
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Court to step in on this once and for all.
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Kalchi argues that a nationwide financial institution needs to be able to function across all 50 states.
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A spokesperson also pointed out both appellate rulings recognize the supremacy of the CFTC on this issue.
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What's ironic about this is this is not New Jersey's first time going to the Supreme Court over sports betting.
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Showing 2461–2480 of 9,244 · page 124 of 463
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