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Washington Court Grants Injunction Against Kalshi Sports Contracts
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Washington Court Grants Injunction Against Kalshi Sports Contracts

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.

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.

King County Superior Court Judge John McHale ruled that the Commodity Exchange Act (CEA) does not preempt...

By Editorial profile image Editorial
Updated on
Regulation Washington Kalshi King County Superior Court Commodity Exchange Act