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Baltimore sues Kalshi and Polymarket, alleging unlicensed sports betting under Maryland law, BitRss reports
- Baltimore sues Kalshi and Polymarket, alleging unlicensed sports betting under Maryland law, BitRss reports — The City of Baltimore, led by Mayor Brendan Scott, has filed legal actions against Kalshi and Polymarket arguing both companies are effectively running sports-betting operations without the required licenses under Maryland law. The complaints also allege the firms misrepresented the legal status of their products to users, and Kalshi's complaint names partners including Robinhood, Webull, and Coinbase. (BitRss)
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