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Kalshi Blocked in Washington | Seattle News

A Washington state judge has slapped a major injunction on Kalshi, forcing the prediction market platform to halt betting on sports, elections, and cultural events within the state—deeming its operations likely illegal under gambling and consumer protection laws. Despite Kalshi’s claims of being a regulated financial exchange, the court found its activities resemble traditional gambling by risking value on uncertain outcomes. The attorney general’s office argues Kalshi’s advertising and profits signal intentional evasion of state rules, while the company now faces deadlines to implement…

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