RegulationBaltimore LawsuitThu, Aug 13, 2026, 9:08 PMNegative

Baltimore Takes Legal Action Against Prediction Markets Over Sports Betting

The City of Baltimore has filed a lawsuit against prediction market platforms Kalshi and Polymarket, along with trading giants Coinbase, Robinhood, and Webull, alleging illegal sports betting practices. This legal action highlights concerns over compliance with gambling laws and deceptive trade practices.

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