Policy
Sports Prediction Markets Hit a Legal Wall: States Win 19 of 23 Rulings
The Cryptonomist·July 21, 2026·1 min read
Washington state obtained a preliminary injunction blocking Kalshi, marking the latest legal blow for sports prediction markets. States have won 19 of 23 rulings, creating a coordinated wall of resistance. Judge John McHale of King County Superior Court granted the injunction, continuing a pattern of state-level pushback against prediction market platforms.
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