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Man who lost $308,000 on sports bets sues Kalshi for offering illegal gambling

#arstechnica#technology#kalshi#bright#court
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A gambling loss by any other name

Lawsuit demands Kalshi return losses because online betting is illegal in Washington.

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Getty Images | San Diego Union-Tribune

A man who lost over $308,000 making sports wagers on Kalshi is suing the prediction market for violating the state of Washington’s ban on online gambling. He’s trying to turn those losses into an overall victory with a lawsuit seeking a payment of over $580,000.

Bellevue, Washington, resident Scott Bright’s “wagering occurred at a time when it was unlawful in Washington and when the Washington Attorney General had already sued KalshiEX LLC in this Court alleging precisely that,” said the gambler’s lawsuit filed on September 24 in King County Superior Court.…

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