What You Should Know about Kalshi
Prediction market faces legal challenges on multiple fronts.
FloSports Subscriptions
Case Name (Date)
Hill et al. v. FloSports, Inc.
22-cv-854, W.D.N.Y.
(Nov. 2022)
Young et al. v. FloSports, Inc.
22-cv-4920, N.D. Cal.
(Aug. 2022)
Product/Service
FloSports subscriptions for sports broadcasting and streaming services
Allegations
Failing to adequately disclose the terms of subscriptions
Status
Hill case: Voluntarily dismissed When a complaint is dismissed with prejudice, it cannot be refiled.
Young case: Voluntarily dismissed When a complaint is dismissed without prejudice, an amended version of the complaint can be refiled.
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