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It’s Not Just Baltimore: Kalshi and Polymarket Face More Legal Trouble


It’s Not Just Baltimore: Kalshi and Polymarket Face More Legal Trouble

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Baltimore has taken legal action against prediction market operators Kalshi and Polymarket, accusing both companies of offering illegal sports betting in the city.

Mayor Brandon M. Scott and the Baltimore City Council filed separate lawsuits on August 13 in the Circuit Court. The cases allege violations of Baltimore’s Consumer Protection Ordinance and accuse the companies of misleading consumers about whether their products are legal and properly regulated.

Read the article at CryptoPotato

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