Court
Massachusetts Court Rules Against Kalshi's Sports Betting Operations
A preliminary injunction blocks Kalshi from offering sports bets in Massachusetts following legal action initiated by the state's attorney general.
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A preliminary injunction blocks Kalshi from offering sports bets in Massachusetts following legal action initiated by the state's attorney general.
The announcement outlines accusations against Kalshi for running sports prediction markets that resemble unlicensed betting products.
Massachusetts regulators are scrutinizing Robinhood for its new in-app prediction markets offering, which allows users to wager on events like college basketball tournaments.

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