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Washington state blocks Kalshi.
A state court has granted a preliminary injunction against Kalshi, ruling its sports-related “event contracts” likely violate state online gambling bans. The judge rejected Kalshi’s defense that federal CFTC regulation shields it from state enforcement. Kalshi will likely have to geoblock Washington residents, marking yet another legal setback for prediction markets. [Link: Washington judge blocks Kalshi's sports prediction markets over state gambling laws | https://www.theblock.co/post/409011/washington-kalshi-preliminary-injunction | The Block]
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theblock.co
Washington judge blocks Kalshi's sports prediction markets over state gambling laws
A Washington state court granted the state's motion for a preliminary injunction, saying Kalshi operates illegal gambling activities.
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cryptonomist.ch
Mercati di scommesse sportive: il tribunale di Washington blocca kalshi
Mercati di scommesse sportive, il tribunale di Washington blocca le scommesse illegali di Kalshi. Scopri le ultime novità su questo caso legale.
