Kalshi Faces Legal Battle Over Alleged Unlicensed Sports Betting Practices

Kalshi, a prominent prediction market platform, is facing a significant legal challenge in the form of a class action lawsuit. The suit, filed in the Southern District of New York, accuses the company of operating an unlicensed sports betting platform that deceives consumers into thinking they are participating in a peer-to-peer market, when, in reality, they are […]

Nov 28, 2025 - 08:40
Kalshi Faces Legal Battle Over Alleged Unlicensed Sports Betting Practices

Kalshi, a prominent prediction market platform, is facing a significant legal challenge in the form of a class action lawsuit. The suit, filed in the Southern District of New York, accuses the company of operating an unlicensed sports betting platform that deceives consumers into thinking they are participating in a peer-to-peer market, when, in reality, they are […]