A King County Superior Court judge in Washington state has found that Kalshi’s trick of calling itself a “prediction market” doesn’t make it not gambling under the Washington Gambling Act, and has therefore ordered Kalshi to stop almost all activity within the state. Read more here:
Judge orders Kalshi cease numerous Washington operations | Washington State
A King County Superior Court judge issued a final order requiring KalshiEX (Kalshi) to cease many of its Washington operations after finding that Kalshi likely violated the Washington Gambling Act and...
atg.wa.gov