Baltimore Escalates Legal Fight Against Prediction Markets
Baltimore officials have filed lawsuits against prediction market operators Kalshi and Polymarket, accusing the companies of offering sports betting products without the licenses required under Maryland law and misleading consumers about how their platforms are regulated. The legal actions were submitted Thursday in Baltimore City Circuit Court by Mayor Brandon Scott and the Baltimore City Council. According to the complaints, both companies violated Baltimore’s Consumer Protection Ordinance by making sports-related contracts available to city residents while operating outside Maryland’s regulated […] The post Baltimore Escalates Legal Fight Against Prediction Markets appeared first on World Casino News.
Baltimore officials have filed lawsuits against prediction market operators Kalshi and Polymarket, accusing the companies of offering sports betting products without the licenses required under Maryland law and misleading consumers about how their platforms are regulated. The legal actions were submitted Thursday in Baltimore City Circuit Court by Mayor Brandon Scott and the Baltimore City Council. According to the complaints, both companies violated Baltimore’s Consumer Protection Ordinance by making sports-related contracts available to city residents while operating outside Maryland’s regulated […]
The post Baltimore Escalates Legal Fight Against Prediction Markets appeared first on World Casino News.
