Massachusetts AG Files Amended Lawsuit Against Kalshi Over Sports Betting, Alleges Targeting of Under-21 Users

News Editor

2026-06-30 21:44:48

Following a court ruling, the Massachusetts Attorney General has filed an amended complaint against prediction market platform Kalshi, adding allegations that the company used social media and campus marketing to target users under 21 for sports betting, potentially violating state consumer protection laws.

Amended Complaint Details

Massachusetts Attorney General Andrea Joy Campbell obtained court permission on Tuesday to file an amended lawsuit against Kalshi, a prediction market platform. The amended complaint includes new allegations that Kalshi specifically targeted users under the age of 21 for sports betting through social media advertising and marketing campaigns on university campuses. This legal action follows a prior court ruling regarding Kalshi’s operations in the state.

Regulatory and Market Implications

Kalshi, which operates under the oversight of the U.S. Commodity Futures Trading Commission (CFTC), traditionally offers event contracts on topics such as elections and economic indicators. However, its expansion into sports betting has drawn scrutiny from multiple state regulators. The Massachusetts lawsuit could set a precedent for similar actions in other states. Kalshi has not yet publicly responded to the amended complaint.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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