State judge orders Kalshi to stop offering sports bets and other wagers
A Washington state judge has ordered the prediction market Kalshi to stop offering sports and political wagers within the state. The company must implement geofencing by early September or face significant daily fines.
Why it matters
This ruling highlights the ongoing legal friction between emerging prediction markets and state-level gambling regulations.
Kalshi court loss State judge orders Kalshi to stop offering sports bets and other wagers Kalshi ordered to stop offering bets in Washington, must implement geofencing.
78 Credit: Getty Images | Scott Olson Credit: Getty Images | Scott Olson Text settings Story text Size Small Standard Large Width * Standard Wide Links Standard Orange * Subscribers only Learn more Minimize to nav A state court in Washington this week ordered Kalshi to stop offering sports gambling and a variety of other wagers on its prediction market. King County Superior Court Judge John McHale issued a preliminary injunction in response to a lawsuit filed against Kalshi by the state of Washington.
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