Massachusetts filed a lawsuit in state court Friday against Kalshi, alleging the predictions platform offers sports gambling without a license under the guise of events contracts.

"If Kalsi wants to be in the sports gaming business in Massachusetts, they must obtain a license and follow our laws," Massachusetts Attorney General Andrea Joy Campbell said in a news release .

The state is also asking the court to prevent Kalshi from offering sports events contracts in Massachusetts while the lawsuit is pending.

Events contracts are regulated as a predictions market by the Commodity Futures Trading Commission. Kalshi has repeatedly argued in federal court that the CFTC's status as a federal agency supersedes state regulators.

In the brief filed with the Suffolk County Superior Court, Ma

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