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Massachusetts may ban Kalshi from offering sports prediction contracts
GateNews
BlockBeats News, January 21 — The prediction market platform Kalshi may face restrictions in Massachusetts. Local judge Christopher Barry-Smith stated that a preliminary injunction will be issued, prohibiting Kalshi from offering sports-related contracts to Massachusetts residents unless it obtains a license.
Massachusetts Attorney General Andrea Joy Campbell filed a lawsuit last September, accusing Kalshi of offering “illegal and unsafe sports predictions” in the state.
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