The Massachusetts Attorney General has filed an amended complaint against prediction market platform Kalshi, alleging it targeted users under 21 through social media and campus marketing. A judge approved the amendment on Tuesday. The case centers on youth protection and the regulatory boundaries of prediction markets.
Massachusetts AG Files Amended Complaint Against Kalshi
The Massachusetts Attorney General has submitted an amended complaint against prediction market platform Kalshi, which was granted by a judge on Tuesday. The new allegations claim that Kalshi targeted users under the age of 21 through social media campaigns and marketing on university campuses, promoting sports betting services. The lawsuit follows a prior court ruling and is currently ongoing, raising questions about platform responsibility and regulatory oversight.
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