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Kalshi Ordered to Block Washington Bets | Seattle News
A Washington state judge has ordered Kalshi, the online prediction market platform, to halt certain gambling-like wagers for residents—or face daily fines of $120,000. The court ruled Kalshi’s activities likely violate state gambling laws, citing rising addiction risks and requiring geofencing by September 2nd. While Kalshi claims federal regulation shields it, the state insists on consumer protection and may seek restitution for affected users. Sports and election bets are now blocked in Washington, though commodity and financial wagers remain available. Listen in comfort:Get a discount on a…
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