fromReadWrite
1 week agoOregon class action challenges Kalshi sports contracts' legality
The complaint argues that the platform's event contracts, which allow users to trade on outcomes including sports games, function the same way as banned wagers. According to the filing, consumers who lose money on those contracts are being harmed. Reynolds is seeking damages and restitution for a proposed class, along with a declaratory judgment and a jury trial. The Oregon case joins similar litigation already moving through courts elsewhere.
Law

































