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News
Washington Judge Blocks Kalshi Sports Contracts With Preliminary Injunction
1+ hour, 10+ min ago (567+ words) On July 20, King County Superior Court Judge John McHale granted a preliminary injunction against Kalshi, temporarily restricting the prediction market operator from offering sports-related event contracts in the state. McHale approved Washington’s motion after deciding the state is likely to…...
North Carolina First State First To Authorize Prediction Markets
2+ week, 7+ hour ago (611+ words) North Carolina became the first state to explicitly authorize platforms like Kalshi and Polymarket on July 7. Prediction market platforms are federally regulated, but several states have recently tried to restrict user access amid ongoing lawsuits over their legality. North Carolina’s…...