Massachusetts Alleges Kalshi’s Event Contracts Are Illegal Sports Bets

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Massachusetts Alleges Kalshi’s Event Contracts Are Illegal Sports Bets

The Massachusetts Attorney General’s Office has filed a lawsuit against prediction market platform KalshiEX LLC, alleging it illegally offered sports wagering to state residents without a license. Bay State Calls Kalshi ‘Sports Betting’; The Statute May Not Agree Attorney General Andrea Joy Campbell brought the case Friday in Suffolk Superior Court’s Business Litigation Session, asserting […]