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Kalshi Ordered to Stop Prediction Markets in Washington
Kalshi must halt a broad range of event contracts in Washington and implement increasingly stringent geofencing measures by Sept. 2.
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theverge.com
Judge orders Kalshi to shut down most of its bets in Washington.
A preliminary injunction issued Wednesday finds the prediction market has likely broken state laws against running an illegal gambling operation. Washington State AG Nick Brown: >…
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theblock.co
Washington court orders Kalshi to halt most prediction market offerings in state
The Washington court, however, allows Kalshi to continue offering commodities, climate, economics and finance-related markets in the state.
