Massachusetts Challenges Kalshi Over Sports Event Trading
Suffolk County Superior Court this week became the setting for a closely watched dispute over how sports-linked prediction markets should be regulated. Massachusetts officials asked the court to stop Kalshi from offering sports event contracts to state residents, arguing that the company’s activity resembles unlicensed sports wagering rather than financial trading. Judge Christopher Barry-Smith questioned both […]
Suffolk County Superior Court this week became the setting for a closely watched dispute over how sports-linked prediction markets should be regulated. Massachusetts officials asked the court to stop Kalshi from offering sports event contracts to state residents, arguing that the company’s activity resembles unlicensed sports wagering rather than financial trading. Judge Christopher Barry-Smith questioned both […]
