Washington State Sues Sportsbook Kalshi for Allegedly Breaking Online Gambling Law

Washington State Sues Sportsbook Kalshi for Allegedly Breaking Online Gambling Law

“Kalshi wants people betting on almost everything possible in life,” Brown said in a press release. “For Kalshi, every event, every tragedy is nothing more than a potential way for Americans to risk their fortunes.”

Washington Becomes the Latest State to Take Legal Action Against Kalshi

A lawsuit in Washington state court seeks to clarify prediction markets as violating state law and block Washingtonians’ access to the exchanges. Washington attorney general Nick Brown has escalated state action toward Kalshi’s prediction market offerings, asking the King County Superior Court to declare the exchanges illegal in Washington. Brown’s complaint reinforces an earlier statement from gambling regulators in Washington and follows a fed…

Washington becomes latest US state to sue Kalshi over illegal gambling allegations

Washington Attorney General (AG) Nick Brown filed a lawsuit Friday, March 27, against Kalshi for violating the state’s Gambling Act and Consumer Protection Act. The suit seeks to stop Kalshi from offering its services in Washington and recover money lost by its residents to the prediction markets platform. Brown argued Kalshi’s operations fall under the definition of gambling in Washington law. Gambling is defined as “staking or risking somethin…

Washington Initiates New Gambling Lawsuit Against Kalshi – DIR HONGKONG

(AsiaGameHub) –   Washington has become the newest state to initiate legal proceedings against Kalshi, the prediction market platform alleged to offer contracts that constitute illegal gambling under state law.  “Each Bet Risks Money” Filed on Friday, March 27, in King County Superior Court by Attorney General Nicholas W. Brown, the lawsuit asserts that the company’s operations breach some of the strictest gambling regulations in the United Stat…

Kalshi faces new state lawsuit as gambling claims grow

Washington sued Kalshi over event contracts, adding to claims that its platform offers unlicensed gambling across local markets nationwide.