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[Massachusetts Sues Kalshi Over Alleged Illegal Sports Betting] The Massachusetts Attorney General has filed a lawsuit against prediction market platform Kalshi, accusing its sports event contracts of violating state gambling laws and operating similarly to licensed sportsbooks. The complaint seeks to prohibit the offering of sports prediction markets without proper licensing and pursues monetary damages. Kalshi responded by stating that the platform is fair and transparent and vowed to defend innovation in court.

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