Gambling on Suing The Gambling Platforms
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Gambling on Suing The Gambling Platforms
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Writer: Brett Stelmaszek
Editor: Joshua Lambourne Stevenson
Music: Heyson - Academia | Epidemic Sound
https://www.epidemicsound.com/music/tracks/bf6b9d40-69b7-4b15-bd10-69dc6faeca11/
Sources:
Ars Technica: https://go.ufdmedia.com/y1SW6D
Ars Technica: https://go.ufdmedia.com/6Cjhf2
They haven’t been able to stop them yet, but they haven’t encountered this guy yet.
While states all over the US have attempted to implement some sort of restriction on the prediction markets, a lot of them haven’t really been successful due to extra lobbying and some overturned bans that have made it tricky.
But now, a man who has lost over a quarter of a million dollars to Kalshi via his poorly planned wagers has decided that it’s time for a lawsuit.
Because he alleges that they’re operating an illegal gambling platform, he shouldn’t have been even able to lose the 308 thousand to them on his bad sports bets.
And he’d like compensation in the form of 580 thousand for the extra stress.
Editor: Joshua Lambourne Stevenson
Music: Heyson - Academia | Epidemic Sound
https://www.epidemicsound.com/music/tracks/bf6b9d40-69b7-4b15-bd10-69dc6faeca11/
Sources:
Ars Technica: https://go.ufdmedia.com/y1SW6D
Ars Technica: https://go.ufdmedia.com/6Cjhf2
They haven’t been able to stop them yet, but they haven’t encountered this guy yet.
While states all over the US have attempted to implement some sort of restriction on the prediction markets, a lot of them haven’t really been successful due to extra lobbying and some overturned bans that have made it tricky.
But now, a man who has lost over a quarter of a million dollars to Kalshi via his poorly planned wagers has decided that it’s time for a lawsuit.
Because he alleges that they’re operating an illegal gambling platform, he shouldn’t have been even able to lose the 308 thousand to them on his bad sports bets.
And he’d like compensation in the form of 580 thousand for the extra stress.
