GoKawiilKalshi sued by bettor seeking $580,000 after losing $308,000 on sports wagers
Bellevue resident Scott Bright has filed suit against prediction market Kalshi seeking to recover $308,000 he lost placing hundreds of sports bets on the platform, plus additional damages totaling $580,000. Kalshi moved on October 30 to dismiss the Washington lawsuit, arguing its sports wagers are federally regulated 'event contracts' rather than gambling, which the state has banned online since 2006.