BUSINESSSEATTLE TIMES
WA judge halts Kalshi ‘prediction market’ over state gambling laws
A Washington state judge has halted Kalshi's 'prediction market' operations citing state gambling laws. Kalshi argues it is not a gambling platform but a prediction market allowing traders to buy and sell contracts on real-world event outcomes.
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Adjacent reporting
- Washington judge blocks Kalshi’s sports prediction markets over state gambling laws
- Prediction markets hit a federal snag
- Kalshi loses bid to stop New York from regulating prediction markets
- Kalshi appeals after federal judge sides with New York gambling regulators
- Empire State Weekly: Prediction market regulations