Massachusetts attorney general sues Kalshi over sports event contracts
Massachusetts Attorney General Andrea Campbell sued Kalshi, alleging it offers unlicensed sports wagering to state residents. The state is seeking an emergency injunction to stop sports-related contracts and related activity; Robinhood separately filed suit against the attorney general and Massachusetts Gaming Commission over its facilitation of Kalshi markets.
The cases could affect whether Kalshi and Robinhood can offer sports-related prediction contracts in Massachusetts.