Kalshi Ordered to Stop Most Operations in Washington
The order bars Kalshi from most sports, election and entertainment markets in Washington and requires geofencing by Aug. 19 or daily fines.
- On Wednesday, King County Superior Court Judge John McHale ordered Kalshi to halt wagers on sports, elections, politics, entertainment, culture, tech, science, and mentions in Washington, requiring geofencing by August 19 and a multi-source system by September 2.
- Attorney General Nick Brown sued Kalshi in March, alleging the company violated Washington's anti-gambling laws by marketing that it allowed people to 'bet on everything.' On July 20, McHale granted a preliminary injunction, rejecting the company's federal preemption argument.
- McHale wrote that Kalshi 'willfully ignored' a December 2025 Washington State Gambling Commission notice, and the court identified deceptive marketing including an advertisement where someone texted they 'found a way to bet on the NFL even though we live in Washington.'
- Kalshi disputed the ruling Thursday, asserting the Commodity Futures Trading Commission 'has exclusive jurisdiction' over the exchange and stating it will 'consider all legal options' after losing emergency stay requests Monday and Wednesday.
- Kalshi's remaining options include appeals to the full Court of Appeals or Washington Supreme Court, though it may continue offering commodities and finance markets. The CFTC under President Donald Trump has backed prediction markets, suing at least nine states over regulatory efforts.
31 Articles
31 Articles
Kalshi ordered to stay open despite Washington ban
The CFTC has ordered Kalshi to continue operating under federal rules as a Washington judge restricted seven contract categories and set two geofencing deadlines for the prediction market. The Commodity Futures Trading Commission said on Aug. 11 that it had…
King County judge orders Kalshi to stop most online betting in Washington state
A King County Superior Court judge has ordered the online prediction market Kalshi to cease most of its operations in Washington state, but Kalshi officials say the court lacks jurisdiction to make that call.
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