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Massachusetts Alleges Kalshi’s Event Contracts Are Illegal Sports Bets


The Massachusetts Attorney General’s Office has filed a lawsuit against prediction market platform KalshiEX LLC, alleging it illegally offered sports wagering to state residents without a license. Bay State Calls Kalshi ‘Sports Betting’; The Statute May Not Agree Attorney General Andrea...

Massachusetts subpoenas Robinhood over sports prediction markets


Massachusetts’ securities regulator has reportedly launched a probe over Robinhood’s prediction markets offering that has allowed users to bet on the outcomes for a slew of events, including basketball tournaments. Reuters reported on March 24 that Massachusetts Secretary Bill...

Massachusetts subpoenas Robinhood over sports prediction markets


Massachusetts’ securities regulator has reportedly launched a probe over Robinhood’s prediction markets offering that has allowed users to bet on the outcomes for a slew of events, including basketball tournaments. Reuters reported on March 24 that Massachusetts Secretary of State...

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