Massachusetts Files Lawsuit Against Kalshi Over Alleged Illegal Sports Bets
Massachusetts has initiated legal action against Kalshi, asserting that its event contracts and prediction markets for sports constitute illegal sports betting under state law. This lawsuit raises significant concerns regarding the regulation of event-based betting in the state.
Massachusetts Files Lawsuit Against Kalshi Over Alleged Illegal Sports Bets
Massachusetts has initiated legal action against Kalshi, asserting that its event contracts and prediction markets for sports constitute illegal sports betting under state law. This lawsuit raises significant concerns regarding the regulation of event-based betting in the state.
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From major news outlets to specialized publications
The latest update landed just 36 minutes ago
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