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Baltimore sues Kalshi and Polymarket over consumer protection claims, GambleRss reports
- Baltimore sues Kalshi and Polymarket over consumer protection claims, GambleRss reports — Mayor Brandon Scott and the Baltimore City Council filed lawsuits on Thursday against Kalshi, Polymarket and their affiliated companies, alleging the platforms violated Baltimore's Consumer Protection Ordinance by operating illegal, unlicensed sports-betting platforms and misleading consumers about the legality of their products. Kalshi called the suit political theater and an effort to relitigate a case under appeal in the Fourth Circuit, while Polymarket said city-specific action is inconsistent with the CFTC framework for prediction markets. (GambleRss)
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