Massachusetts judge moves to block Kalshi sports contracts
A Massachusetts judge authorised the state to proceed with a preliminary injunction against Kalshi on 20 January, following a challenge by Attorney General Andrea Joy Campbell, the report said. The proposed order would prevent Kalshi from offering sports-event contracts to Massachusetts residents without a state licence; a further hearing was scheduled for Friday.
The case may require Kalshi to obtain state sports betting approval before offering these contracts in Massachusetts.