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Massachusetts judge bars Kalshi from offering sports bets: Report

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 252 Views

Massachusetts judge bars Kalshi from offering sports bets: Report

A preliminary injunction against the prediction markets platform reportedly came at the request of Massachusetts Attorney General Andrea Joy Campbell.

Prediction markets platform Kalshi faces legal complications operating in the US state of Massachusetts after a judge ruled that residents could not use the website for sports betting.

According to a Tuesday Reuters report, Suffolk County Superior Court Judge Christopher Barry-Smith said he would issue a preliminary injunction against Kalshi prohibiting the platform from offering sports betting without the required gaming license. 

The ruling followed Massachusetts Attorney General Andrea Joy Campbell filing a lawsuit against Kalshi in September, alleging that the platform offered “illegal and unsafe sports wagering.” According to Reuters, Tuesday’s injunction came at Campbell’s request.

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