Washington AG Sues Kalshi for Illegal Gambling

0:00Washington Attorney General Nick Brown filed a lawsuit against Kowshi on Friday, accusing the company of operating an illegal gambling business. Disguised as a prediction market, the suit claims Kowshi violates the state's strict anti-gambling laws by letting people bet on sports and other events online, where such wagering is. Band accepted tribal casinos. Kowshi markets itself as a platform to buy shares in event outcomes, boasting bets on NFL games across all 50 states in every March madness. Match up. The company even promotes wagering on specifics like players scoring 40 points or achieving triple doubles. Brown called it out during a news conference in Seattle, saying the firm is essentially a bookmaker back by big investors. He pointed to their own promotions as proof they're scurrying the rules. Meanwhile, Arizona filed criminal charges against Kowshi this month for similar reasons, highlighting growing scrutiny on the so-called prediction, markets. Beyond sports, Kowshi offers bets on Supreme Court Justice's words,

1:02timelines for Iran's leadership changes, measles case counts and hearing, testimonies. This case could shape how far such platforms push boundaries in our society. That's the story for today. Vancouver News Today, Driven by AI. I'm Cory with the Story.