Massachusetts judge poised to tell Kalshi to stop taking sports bets in state
The prediction market platform Kalshi will be preliminarily ordered by a superior court justice in Massachusetts to halt its online sports business there.
The prediction market platform Kalshi will be preliminarily ordered by a superior court justice in Massachusetts to halt its online sports business there.
The firms, federally regulated by the CFTC, were told to shut down Tennessee-based activity, refund deposits, and void open contracts by Jan. 31.
The state of Connecticut fired a legal volley against sports events contracts with a trio of cease-and-desist orders sent on Wednesday to major prediction-market operations — Robinhood, Kalshi and Crypto.com. The state’s Department of Consumer Protection accused the companies of “conducting unlicensed online gambling, more… Read More