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Legal Challenges in the Gambling Industry: Kalshi and Polymarket
CasinoNewsAvenue¡Jan 21, 2026 at 2:08 PM¡7 views
The gambling industry faces legal hurdles as Massachusetts courts block Kalshi's sports prediction markets, while Portugal orders Polymarket to cease operations following an election betting surge. These cases highlight the evolving regulatory landscape.
Key Takeaways
- Kalshi is barred from offering sports event contracts in Massachusetts due to a court injunction.
- Polymarket's operations in Portugal were deemed illegal, raising concerns about prediction markets.
- Legal challenges can significantly impact the operations of gambling platforms.
How do these legal challenges affect the future of sports betting and prediction markets?