It’s a war of definitions, and Kalshi just lost a battle. On Monday, a King County Superior Court judge issued a preliminary injunction against the “prediction market” company. Judge John McHale found Washington state is likely to succeed in proving Kalshi is actually an online gambling site. Those are illegal here in Washington. The lawsuit was brought by Attorney General Nick Brown, who also scored another victory on Monday with a temporary pause on Paramount's acquisiton of Warner Brothers. 

Guest:

Attorney General Nick Brown

Related Links:

WA judge halts Kalshi ‘prediction market’ over state gambling laws

AG Brown, coalition temporarily block Warner Bros./Paramount merger as lawsuit proceeds

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