Kalshi moves Washington lawsuit to federal court amid regulatory dispute

Washington’s lawsuit against prediction market platform Kalshi changed direction the same day it was filed, after the company moved the case from state court into federal court. This would change where the case will be heard and centers the dispute on federal law.

The complaint, filed in King County Superior Court by Attorney General Nick Brown and reviewed by ReadWrite, alleges that Kalshi operates an illegal online gambling platform. State lawyers say the company offers “a continuous...