Judge Orders Kalshi to Stop Offering Most Wagers in Washington
A judge has ordered Kalshi, a prediction market platform, to cease offering most of its wagering contracts in Washington state. Regulators determined that the contracts likely constitute illegal gambling operations, prompting the court-ordered restriction.
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Judge Orders Kalshi to Stop Offering Most Wagers in Washington
A judge has ordered Kalshi, a prediction market platform, to cease offering most of its wagering contracts in Washington state following regulatory concerns. State authorities determined that Kalshi's prediction market contracts likely constitute illegal gambling operations under Washington law.
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