The Massachusetts Attorney General has filed an amended lawsuit against prediction market platform Kalshi, alleging it targeted users under 21 years old through social media and marketing on university campuses to promote sports betting. The amended complaint was granted by a judge on Tuesday.
According to court documents, Kalshi is accused of using social platforms and campus events to attract underage users to engage in sports betting contract trading. This is the latest move by Massachusetts to strengthen oversight of emerging prediction market platforms.
Source: Cointelegraph
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