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Mar 28, 2026

Washington State Sues Kalshi Over Alleged Gambling Violations

Washington Attorney General filed lawsuit against prediction market operator Kalshi on Friday, alleging the platform offers gambling products disguised as prediction markets in violation of state regulations. This marks the latest state-level legal action against the company.

Mar 28, 2026·2 sources

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Top claims

▪Nevada District Judge Kristin Luis wrote that Coinbase did not dispute it offered event-based contracts that meet the definition of sports pools under Nevada law
▪Kalshi contends it received no warning or dialogue from Washington state prior to the lawsuit being filed
▪Washington state sued prediction market provider Kalshi on Friday, March 28, 2026, alleging the company violated state gambling laws

Subtopics

Crypto market regulation1 Crypto regulation1 Landmark crypto cases1

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