The Commodity Futures Trading Commission (CFTC) talked prediction markets in public and Novig continued its court offensive, but what else happened this week that is worth noting?
Kalshi starts taking sports, politics offline in Washington State
Kalshi sent messages to users in the state of Washington this week to inform them that they can no longer trade on sports, elections and politics, and other event contracts. The messages were reported on social media by several users.
A state court judge issued a final order earlier this month that required the company to stop offering various prediction markets categories in the state, ruling that Kalshi likely violated the Washington Gambling Act and the Consumer Protection Act by operating as something tantamount to an illegal gambling operation.
https://sbcamericas.com/2026/08/21/prediction-markets-weekly-august-21/