Gambling site—sorry, we mean “prediction market”—Kalshi is pretty obviously running an illegal gambling site prohibited by Washington state law, a state judge ruled this week.
In an Aug. 13 press release, the state attorney general’s office touted that King County Superior Court Judge John McHale sided with prosecutors and issued a “final order” that Kalshi shut down most types of betting in the state. Kalshi has fought the preliminary injunction in court since mid-July.
McHale’s order applies to all bets “related to sports, elections, politics, entertainment, culture, tech and science, or mentions,” requires Kalshi implement a geofence by…
Read the full article at GIZMODO.COM
