Massachusetts Sues Kalshi for Unlicensed Gambling | JQJO

Massachusetts Attorney General Andrea Joy Campbell filed a lawsuit against Kalshi, a prediction platform, alleging unlicensed sports gambling. The state claims Kalshi operates under the guise of events contracts, profiting more than licensed sportsbooks. Massachusetts seeks to halt Kalshi's operations within the state and demands they obtain a license to operate legally. Kalshi maintains their federal regulatory status supersedes state regulations, a claim disputed by Massachusetts in the lawsuit filed in Suffolk County Superior Court.