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A Washington judge has stated that Kalshi has very likely violated local gambling laws and consumer protection requirements.
A Washington court judge granted state officials a preliminary injunction against Kalshi on Monday, the latest court win for state authorities versus the prediction market platform.
Washington state could follow Michigan and Nevada in banning Kalshi after a judge ruled against the prediction market platform.
The World Cup attracted record-breaking trading volumes at prediction markets.
A Washington state court has granted a preliminary injunction against prediction market platform Kalshi, temporarily blocking it from offering sports-related event contracts in the state after finding Washington is likely to succeed in its claims that the contracts violate state gambling laws.
The FIFA World Cup has brought losses to some and wins to others. This is the case of Drake, who lost at least $1.5 million on the tournament final game, and Kalshi – which has, just the opposite, gained 3 million fresh subscriptions during the several-week event.
The Los Angeles Rams are a solid betting favorite to win Super Bowl 61, with +488 odds and a 17% implied probability at Kalshi.
Prediction market trading surged during the World Cup, increasing competitive pressure on traditional U.S. sportsbooks as platforms such as Kalshi rapidly expanded their market share.
Kalshi has gained 3 million new users during the 2026 FIFA World Cup as prediction market trading volume surged alongside the tournament.
Kalshi has partnered with AppliedXL to launch a pilot suite of prediction markets tied to clinical trial outcomes and FDA regulatory decisions.
Washington lawmakers are considering a new proposal aiming to resolve the long-running issue of children gaining access to gambling apps.
