What You Should Know about Kalshi
Prediction market faces legal challenges on multiple fronts.
Abbot et al. v. Boom Shakalaka, Inc. d/b/a Boom Fantasy
25-cv-12004, N.D. Ill.
(Oct. 2025)
Huynh et al. v. Boom Shakalaka, Inc. d/b/a Boom Fantasy
25-cv-8121, C.D. Cal.
(Aug. 2025)
Boom Fantasy
Falsely marketing itself as a fantasy sports platform and representing that its daily fantasy sports contests are legal when they are illegal in several states
Pending
Prediction market faces legal challenges on multiple fronts.
Julie O’Connor, Nj Spotlight News
Sara Talpos, Med Shadow
Ingredient claims come into the limelight.
Beware of food images wrapped in deception.