
It’s a war of definitions, and Kalshi just lost a battle. On Monday, a King County Superior Court judge issued a preliminary injunction against the “prediction market” company. Judge John McHale found Washington state is likely to succeed in proving Kalshi is actually an online gambling site. Those are illegal here in Washington. The lawsuit was brought by Attorney General Nick Brown, who also scored another victory on Monday with a temporary pause on Paramount's acquisiton of Warner Brothers. Guest: Attorney General Nick Brown Related Links: WA judge halts Kalshi ‘prediction market’ over state gambling laws AG Brown, coalition temporarily block Warner Bros./Paramount merger as lawsuit proceeds Thank you to the supporters of KUOW, you help make this show possible! If you want to help out, go to kuow.org/donate/soundsidenotes Soundside is a production of KUOW in Seattle, a proud member of the NPR Network.See omnystudio.com/listener for privacy information.
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