US judge allows injunction against prediction market Kalshi from offering sports-event contracts in Massachusetts

The judge's decision to allow an injunction against Kalshi restricts its ability to offer sports-event contracts in Massachusetts, signaling challenges for prediction markets, especially in states with strict regulations.

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US judge allows injunction against prediction market Kalshi from offering sports-event contracts in Massachusetts

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This may limit Kalshi's market access and could set a precedent for how similar platforms operate, impacting sentiment towards online betting platforms and their compliance strategies in the U.S.

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