Massachusetts Sues Kalshi Over Alleged Unlicensed Sports Betting, Platform Vows to Fight
Massachusetts Attorney General Andrea Joy Campbell filed a civil lawsuit towards prediction market platform Kalshi, alleging the corporate operates unlicensed sports activities betting disguised as “occasion contracts” in violation of state playing legal guidelines. The Commonwealth seeks damages, civil penalties, and a everlasting injunction to cease Kalshi from accepting sports activities wagers with out correct…