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Kalshi Prediction Market Blocked in Washington | Seattle News
A Washington state judge has slapped a preliminary injunction on Kalshi, an online betting platform that lets users wager on elections, measles cases, and courtroom testimony — calling it illegal gambling. The state’s attorney general argued Kalshi’s odds and payouts fit the legal definition of gambling, and the judge agreed, calling its “prediction market” branding deceptive. With Washington’s long-standing ban on online gambling — reinforced in 2006 — this ruling is seen as a major win for regulators and a warning that even rebranded gambling platforms can’t evade the law. Listen in…
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