Massachusetts Judge Bars Kalshi from Offering Sports Bets: Report
Summary
A Suffolk County Superior Court judge in Massachusetts, Christopher Barry-Smith, has reportedly ruled to issue a preliminary injunction against the predictions market platform Kalshi. This injunction prohibits Kalshi from offering sports betting services to Massachusetts residents because the platform lacks the required gaming license. The ruling was issued at the request of Massachusetts Attorney General Andrea Joy Campbell, who had filed a lawsuit against Kalshi in September, alleging the platform was facilitating "illegal and unsafe sports wagering." Cointelegraph attempted to reach a Kalshi spokesperson for comment.
(Source:Cointelegraph)