October 7, 2025

Kalshi continued by the state of Massachusetts for the illegal sports game

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Boston Massachusetts State House. Kalshi continued by the state of Massachusetts for the illegal sports game

The state of the Massachusetts filed a complaint against the Kalshi prediction market platform for having allegedly offered a license-free sports game.

Friday, September 12, the trial was filed at the State Court of Massachusetts, saying that Kalshi had offered illegal sports games without license disguised as event contracts. In a press release published by the attorney general Andrea Joy Campbell, allegations claim that Kalshi earns more money on sports betting than sports books and approved event contracts.

“Sports betting has a significant risk of dependence and financial loss and must be strictly regulated to mitigate the consequences of public health,” said AG Campbell.

“This trial will guarantee that if Kalshi wants to be in the sports games sector in the Massachusetts, they must obtain a license and follow our laws. I am grateful for the current partnership with the Gaming Committee. ”

AG Campbell asks Kalshi to stop all sports betting on the platform while the trial is pending. The trial maintains that the event contracts offered by the platform resemble sports betting, promoted to residents of Massachusetts via television and social media. “Trading” is offered via platforms like Robinhood.

Kalshi did not ask for a Massachusetts de la Massachusetts Gaming Commission sports betting license, as required by law. However, an increasing accent on sport-related contracts has been noticed on the platform in recent months, marked by a partnership with NFL on Fox.

“Prediction market companies are developing in sports betting while neglecting age restrictions, players’ protection programs, state taxes and other consumer protections,” said the Chair of the Massachusetts Games Commission Jordan Maynard.

“My colleagues commissioners and I appreciate the efforts of the Attorney General to enforce the law and keep these companies responsible for the rigorous standards of the Massachusetts. We are impatiently awaiting our continuous partnership with the Attorney General Campbell and his office. ”

What is the problem with Kalshi’s alleged sports game?

In addition to lacking appropriate licenses for the sports game, there is also alleged that the alleged sports game service of Kalshi passed the protections of important consumers to which approved operators must respect. For example, Kalshi allows users aged 18 to 21 to use its platform, when the legal age for sports games in the Massachusetts is 21 years.

There is also no guarantee guarantee or messaging linked to the game, as required by traditional Paris platforms. Kalshi does not offer self-limitation options to Massachusetts users, such as appropriate maximum deposits or maximum bets, in accordance with the compliance of the industry.

Readwrite contacted Kalshi to comment.

Featured image: Wikimedia Commons, under CC license by 2.0

The post Kalshi continued by the state of Massachusetts for the illegal sports game appeared first on Readwrite.




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