Washington sues Kalshi over alleged illegal gambling and seeks trader losses
Washington Attorney General Nicholas W. Brown filed a civil lawsuit against Kalshi in King County Superior Court on 27 March, reportedly. The complaint alleges that the platform's event contracts violate state gambling rules and seeks to recover residents' losses; it does not specify an amount.
Kalshi’s case could determine whether its event contracts violate Washington gambling rules and whether residents’ losses are recoverable.