Tonya Mosley

What are the rules in place on Kalshi, for instance?

For people who are betting on world events on a site like Kalshi, can you explain how the site actually works?

You know, with Kalshi, I mentioned how they're being sued for not paying off a bet on the death of the Ayatollah.

What are your thoughts on this?

Because they also seem to be fine with insider betting.

So death is the red line.

Our guest today is journalist McKay Coppins, a staff writer at The Atlantic.

We'll be right back after a short break.

This is Fresh Air.

So, McKay, we talked earlier about how the Supreme Court opened this door for

But let's talk a little bit about what is happening next at the government level, because it wasn't like Congress has stepped in in any way with the plan for regulation.

Kind of walk us through kind of what is sort of a regulatory vacuum that followed.

I'm sorry.

I just have to step in to say I found this part of your reporting to be just really I couldn't understand it in part because gambling is like an age old issue that we understand that it is a weakness in the human condition in the same way that alcohol and tobacco, as you mentioned, can go off the rails.

So even though it's in a new platform where it's in our phones and we can easily get to it.

The issue of what gambling can cause in the destruction is very much proven.

I mentioned to you right before we started that I have a 13-year-old son who came home and told me that a classmate had bet on the Super Bowl.

And they had bet on two different sites, betting both sides.

teams, you know, one for one team and one for the other.

That's what a 13-year-old mind would do.