What You Should Know about Kalshi
Prediction market faces legal challenges on multiple fronts.
PointsBet
Case Name (Date)
Gutman et al. v. PointsBet USA Inc.
22-cv-2137, D. Colo.
(Aug. 2022)
Product/Service
PointsBet sports betting platform
Allegations
Misleadingly marketing that its platform is “risk-free” and provides “refunds” to users who lose when they actually receive vouchers that cannot be exchanged for cash and expire after 30 days
Status
Pending
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