Washington court grants injunction against Kalshi as prediction market scrutiny grows
Regulation · SectorWire deskSource published
Summary
A Washington state judge granted the state a preliminary injunction against Kalshi, ruling officials were likely to succeed on claims its event contracts breach state gambling law. Crypto.com's OG platform then filed a preemptive federal lawsuit against Washington officials. Lawmakers also held a House hearing and introduced federal and Pennsylvania bills on prediction markets.
Why it matters
The injunction and widening legislative push raise legal risk for operators treating event contracts as federally regulated derivatives rather than gambling.
Cite as: SectorWire, “Washington court grants injunction against Kalshi as prediction market scrutiny grows”, 24 July 2026, https://sectorwire.news/item/washington-court-grants-injunction-against-kalshi-as-prediction-market/