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Baltimore Targets Unlicensed Betting Platforms | Annapolis News
Baltimore is suing Kalshi and Polymarket for running unlicensed sports betting platforms disguised as “prediction markets,” claiming they’re illegally evading consumer protections, taxes, and regulations — essentially operating as online sportsbooks without a license. City officials argue these companies mislead users, especially vulnerable populations, and are exploiting loopholes to avoid accountability. The city seeks penalties, restitution, and profit forfeiture to stop what it calls deceptive, high-risk gambling practices. Listen in comfort:Get a discount on a Soli Pillow…
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