Kalshi sports prediction markets blocked in Washington court ruling
Covered by 3 sources · 3 articles
3 outlets - including Livebitcoinnews, Crypto-economy and Crypto - are covering this story. Washington’s ruling adds to growing state pressure on Kalshi as courts weigh gambling laws against federal oversight. State regulators are stepping up efforts to rein in sports prediction markets. Washington has joined a growing number of s…
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Kalshi’s Expansion Stalls as Washington Court Orders Sports Market Crackdown
Washington’s ruling adds to growing state pressure on Kalshi as courts weigh gambling laws against federal oversight. State regulators are stepping up efforts to rein in sports prediction markets. Washington has joined a growing number of s…
Washington Court Blocks Kalshi Sports Contracts
A Washington state court issued a preliminary injunction against Kalshi after finding that its sports-related event contracts constitute illegal gambling under state law, gaming attorney Daniel Wallach said July 20. The ruling makes state g…
Kalshi sports prediction markets blocked in Washington court ruling
Washington judge blocks Kalshi sports event contracts, ruling state gambling laws apply despite the platform’s federal CFTC registration.