Arkansas has taken Kalshi to court, alleging illegal gambling operations and emotional distress.
The Block reported on the lawsuit, saying Arkansas has joined a growing number of states taking legal action against the prediction market platform. The material did not disclose the specific relief sought, the statutes cited, or Kalshi’s response.
· The next developments to watch are Kalshi’s formal response once the case enters proceedings, and whether another state files a follow-up lawsuit.
After Arkansas, which state will be next to file a lawsuit?
The Block reported on the lawsuit, saying Arkansas has joined a growing number of states taking legal action against the prediction market platform. The material did not disclose the specific relief sought, the statutes cited, or Kalshi’s response.
· The next developments to watch are Kalshi’s formal response once the case enters proceedings, and whether another state files a follow-up lawsuit.
After Arkansas, which state will be next to file a lawsuit?
