Finance1 min read

Kalshi court losses pile up as judges refuse to block state gambling laws

By · Via Ars Technica · Published by Everything Blog

In short

Kalshi continues to face accumulating legal setbacks as judges refuse to block state gambling laws against the platform. State attorneys general contend that Kalshi cannot evade gambling regulations simply by claiming that its offerings do not constitute gambling.

Key points

  • Kalshi continues to face accumulating legal setbacks as judges refuse to block state gamb…: Kalshi continues to face accumulating legal setbacks as judges refuse to block state gambling laws against the platform.
  • State attorneys general contend that Kalshi cannot evade gambling regulations simply by c…: State attorneys general contend that Kalshi cannot evade gambling regulations simply by claiming that its offerings do not constitute gambling.

Kalshi can't avoid gambling law by claiming it doesn't offer gambling, state AG says.

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