Judge Christopher Barry-Smith in Massachusetts issued a ruling that allows the Commonwealth to block prediction market Kalshi from offering sports-event contracts within the state, Bookies.com’s Bill Speros reports. The determination comes in the wake of a hearing last month and Kalshi’s unsuccessful attempt to remand the case to a federal court, the author notes. Publicly traded companies in the space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (FLUT), Gan Limited (GAN), Genius Sports (GENI), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn Entertainment (PENN), Rush Street Interactive (RSI), Sportradar (SRAD) and Wynn Resorts (WYNN).
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