Illinois residents sue Kalshi over alleged unlicensed gambling
Illinois residents filed a class-action lawsuit against Kalshi and several subsidiaries in the US District Court for the Northern District of Illinois on 8 January, alleging the platform offers unlicensed gambling, according to the report. The plaintiffs claim Kalshi’s event contracts breach state gambling and consumer protection laws and seek class certification, damages and other relief. The allegations have not been established in court.
The case challenges Kalshi’s ability to offer event contracts to Illinois residents without state gambling authorisation.