The Massachusetts Attorney General has filed an amended complaint in the ongoing lawsuit against prediction market platform Kalshi over sports betting. The amendment, approved by a judge on Tuesday, includes new allegations that Kalshi specifically targeted users under 21 years old through social media and university campus marketing campaigns. This escalates the regulatory battle over Kalshi's sports event contracts.
The Massachusetts Attorney General has filed an amended complaint against prediction market platform Kalshi in the ongoing legal battle over sports betting. The amendment, granted by a judge on Tuesday, includes allegations that Kalshi targeted users under 21 years old through social media and marketing on university campuses.
This development adds a new dimension to the state's case against Kalshi, which had previously accused the platform of operating illegal sports betting through its event contracts. The amended lawsuit specifically highlights Kalshi's promotional strategies aimed at younger demographics, potentially violating state laws regarding age-restricted gambling activities. Kalshi has not yet issued a public response to the amended complaint.
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