Roblox ads enticed, targeted kids as young as 5 to try caffeinated potato chips, watchdog says
Lisa Fickenscher, New York Post
Kalshi
Since October 2025, multiple class-action lawsuits have been filed against Kalshi alleging that it operates an illegal, unlicensed gambling platform while deceptively marketing itself as a legal prediction market. Additional suits target specific practices such as misleading payout disclosures, inappropriate marketing to minors, and sending unsolicited promotional materials.
More information on the lawsuits is below.
| Case Name (Date) |
Alleged False Ad Claims | Status |
|---|---|---|
| Brown et al. v. Kalshi Inc. 26-cv-1426, W.D. Wash. (April 2026) < |
Violating Washington state law by sending promotional text messages to consumers who have not consented to receiving such messages | Pending |
| Smith et al. v. Kalshi Inc. et al. 2684CV01188, Massachusetts state court (April 2026) |
Offering sports wagering in Massachusetts without proper licensing and without providing state-required educational tools and other safeguards for responsible gambling | Pending |
| Golan et al. v. KalshiEX LLC et al. 26cv2394, S.D.N.Y. (March 2026) |
Failure to adequately disclose “death carveout” provision in connection with event contracts regarding whether Ayatollah Ali Khamenei would leave office as Supreme Leader of Iran before specified dates | Pending |
| Kaiserman et al. v. Kalshi Inc. et al. 26-cv-1525, N.D. Ga. (March 2026) |
Marketing itself as a legal prediction market when it is an illegal gambling operation
Aggressively marketing sporting event contracts to minors despite state laws that make it illegal for minors to gamble |
Pending |
| Risch et al. v. KalshiEX LLc et al. 26-cv-2390, C.D. Cal. (March 2026) |
Failure to adequately disclose “death carveout” provision in connection with event contracts regarding whether Ayatollah Ali Khamenei would leave office as Supreme Leader of Iran before specified dates | Pending |
| Reynolds et al. v. Kalshi Inc. et al. 26-cv-336, D. Ore. (Feb. 2026) |
Marketing itself as a legal prediction market when it is an illegal gambling operation | Pending |
| Jennings et al. v. Kalshi Inc. et al. 26-cv-71, M.D. Ala. (Jan. 2026) |
Marketing itself as a legal prediction market when it is an illegal gambling operation | Consolidated with similar lawsuits in In Re Kalshi Sports Prediction Market Litigation |
| Josephson et al. v. Kalshi, Inc. et al. 26-cv-220, N.D. Ill. (Jan. 2026) |
Marketing itself as a legal prediction market when it is an illegal gambling operation
Falsely representing that bets are against other users when they are actually against Kalshi |
Pending |
| Hallman et al. v. KalshiEX LLC et al. 26-cv-317, S.D.N.Y. (Jan. 2026) |
Marketing itself as a legal prediction market when it is an illegal gambling operation
Falsely representing that bets are against other users when they are actually against Kalshi |
Consolidated with similar lawsuits in In Re Kalshi Sports Prediction Market Litigation |
| Pelayo et al. v. Kalshi Inc. et al. 25-cv-9913, S.D.N.Y. (Nov. 2025) |
Marketing itself as a legal prediction market when it is an illegal gambling operation | Consolidated with similar lawsuits in In Re Kalshi Sports Prediction Market Litigation |
| In Re Kalshi Sports Prediction Market Litigation 25-cv-8585, S.D.N.Y. (Oct. 2025) |
Marketing itself as a legal prediction market when it is an illegal gambling operation | Pending |
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