US judge allows injunction against prediction market Kalshi from offering sports-event contracts in Massachusetts
Newsquawk Staff ·
US judge allows injunction against prediction market Kalshi from offering sports-event contracts in Massachusetts.
What it means
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. 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.
Sources
- Mosaic Company (MOS) Q3 (USD) Adj. EPS -0.19 (exp. -0.01), Revenue 3.10bln (exp. 3.05bln)
- The Mosaic Company (MOS) Q3 2026 (USD): Adj. EPS -0.19 (exp. -0.01), Revenue 3.1bln (exp. 3.05bln)
- Advanced Micro Devices Inc. (AMD) Q3 2026 (USD): Adj. EPS 2.09 (exp. 1.95), Revenue 13.4bln (exp. 13.1bln)
- Block Inc. (XYZ) Q3 2026 (USD): Adj. EPS 1.13 (exp. 1.03), Revenue 6.72bln (exp. 6.58bln)
- Astera Labs Inc. (ALAB) Q3 2026 (USD) Adj. EPS 1.32 (exp. 1.19), Revenue 584.9mln (exp. 551mln)
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