Kalshi's claim that it's not a gambling site isn't holding up in court

State courts have struck another blow against online prediction market Kalshi, which has sought to remain outside of gaming law, claiming it's a trading — not gambling — platform. On Wednesday, a US District judge granted a preliminary injunction to California tribes, prohibiting Kalshi from offering sports contracts (AKA trades or "swaps") on tribal land. The ruling was handed down to the Blue Lake Rancheria and Chicken Ranch…