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Kalshi Forced to Shut Down in Washington | Seattle News
A Washington state judge has shut down Kalshi’s prediction market platform, declaring it illegal gambling under state law — a blow to the company’s operations in the state. The court ruled that betting on sports, elections, and cultural events violates Washington’s gambling statutes, even if users are paying for insights or predictions. After rejecting Kalshi’s appeal, the Attorney General’s office won the case, citing misleading practices and profits from high-stakes bets. To comply, Kalshi now has until August 19th to block Washington residents via IP checks, and by September 2nd, must…
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