Connecticut Gov. Lamont on Kalshi lawsuit: Want them to play by the rules that protect young people

Summary

Connecticut Governor Ned Lamont discusses the state's lawsuit against Kalshi over unlicensed sports betting, the multistate Meta settlement on youth social media protections, and new U.S. tariffs on Canada. He says Kalshi and other platforms should follow the same youth-protection rules as existing operators. He sharply criticizes Canadian tariffs as a self-inflicted tax that will raise lumber, housing, and potentially energy costs for Connecticut.

• Connecticut sued Kalshi and is seeking a court injunction to block unlicensed sports betting.
• Lamont wants Kalshi to stop marketing to young people and taking bets on UConn sports.
• Connecticut expects about $25 million a year from the Meta settlement for school mental health programs.
• Lamont says TikTok, Snapchat, and other platforms should face rules similar to Meta's new youth protections.
• He calls U.S. tariffs on Canada the 'dumbest thing' and says tariffs are a tax.
• He argues tariffs will raise imported lumber prices and homebuilding costs.
• He notes Connecticut gets about 10% of its electricity from Canadian natural gas.