Rhode Island attorney general sues Kalshi and Polymarket over sports betting
Rhode Island Attorney General Peter Neronha filed suit against Kalshi and Polymarket, alleging their event contracts amount to illegal sports betting. The companies’ legal dispute followed Kalshi’s federal lawsuit against Rhode Island officials over anticipated enforcement; the state seeks to stop the platforms offering sports-related contracts.
The cases could affect whether prediction-market platforms can offer sports contracts in Rhode Island.