Massachusetts Expands Kalshi Lawsuit Over Illegal Sports Betting and Minor Marketing
2026-07-01 10:11

Woofun AI reports that a Massachusetts judge approved a revised complaint against prediction market platform Kalshi, alleging illegal sports betting operations and marketing to individuals under 21 on college campuses. The state previously secured a preliminary injunction suspending Kalshi’s sports contracts, though the CFTC argued federal agencies hold exclusive jurisdiction over such markets.

Meanwhile, U.S. betting organizations lobby Congress to ban these contracts in the CLARITY Act.

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