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Kalshi sues Illinois over prediction market regulations ahead of July
By Editorial profile image Editorial

Kalshi sues Illinois over prediction market regulations ahead of July

Prediction market operator Kalshi has filed a lawsuit against the state of Illinois, seeking to block new taxes and licensing requirements that would classify the company as a sports betting operator beginning July 1.

Prediction market operator Kalshi has filed a lawsuit against the state of Illinois, seeking to block new taxes and licensing requirements that would classify the company as a sports betting operator beginning July 1.

The lawsuit, filed in the U.S. District Court for the Northern District of Illinois, marks the latest escalation in the growing legal battle between prediction market platforms and state...

By Editorial profile image Editorial
Updated on
Regulation Kalshi Illinois Prediction Market Lawsuit Taxes Licensing