State judge orders Kalshi to stop offering sports bets and other wagers
A state court in Washington this week ordered Kalshi to stop offering sports gambling and a variety of other wagers on its prediction market. King County Superior Court Judge John McHale issued a preliminary injunction in response to a lawsuit filed against Kalshi by the state of Washington.
Reported by 1 outlet — Ars Technica. See all sources ↓
A state court in Washington this week ordered Kalshi to stop offering sports gambling and a variety of other wagers on its prediction market. King County Superior Court Judge John McHale issued a preliminary injunction in response to a lawsuit filed against Kalshi by the state of Washington. "The order requires Kalshi to stop offering, accepting, or facilitating wagers on sports, elections, politics, entertainment, culture, tech and science, or mentions in Washington," said a press release yesterday from Washington Attorney General Nick Brown. "Kalshi must implement an IP address and residency-based geofence by August 19 and a multi-source geofencing solution by September 2.
Read the full report at Ars Technica ↗
Why it matters
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- What's the story?
- A state court in Washington this week ordered Kalshi to stop offering sports gambling and a variety of other wagers on its prediction market. King County Superior Court Judge John McHale issued a preliminary injunction in response to a lawsuit filed against Kalshi by the state of Washington.
- How widely is it covered?
- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 15m ago.
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State judge orders Kalshi to stop offering sports bets and other wagers
Sources1TypeCoverageArs Technica