Baltimore Sues Kalshi and Polymarket Over Sports Event Contracts, Alleging Unlicensed Gambling
BitcoinWorld Baltimore Sues Kalshi and Polymarket Over Sports Event Contracts, Alleging Unlicensed Gambling The city of Baltimore has filed a lawsuit against prediction-market platforms Kalshi and Polymarket, alleging that their sports event contracts constitute unlicensed gambling and violate Maryland law. The suit, reported by The Block, marks one of the first major municipal actions against the rapidly growing prediction market industry, which has expanded into sports betting territory [...] This post Baltimore Sues Kalshi and Polymarket Over Sports Event Contracts, Alleging Unlicensed Gambling first appeared on BitcoinWorld .
BitcoinWorld Baltimore Sues Kalshi and Polymarket Over Sports Event Contracts, Alleging Unlicensed Gambling The city of Baltimore has filed a lawsuit against prediction-market platforms Kalshi and Polymarket, alleging that their sports event contracts constitute unlicensed gambling and violate Maryland law. The suit, reported by The Block, marks one of the first major municipal actions against the rapidly growing prediction market industry, which has expanded into sports betting territory [...] This post Baltimore Sues Kalshi and Polymarket Over Sports Event Contracts, Alleging Unlicensed Gambling first appeared on BitcoinWorld .