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Massachusetts sues Kalshi alleging illegal sports gambling
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Massachusetts sues Kalshi alleging illegal sports gambling

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Massachusetts argues Kalshi is making more money on sports wagers than legal, licensed sportsbooks.

Massachusetts filed a lawsuit in state court Friday against Kalshi, alleging the predictions platform offers sports gambling without a license under the guise of events contracts. "If Kalsi wants to be in the sports gaming business in Massachusetts, ... [638 chars]

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Source: CNBC

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