Law
fromFast Company
1 day agoKalshi's $22 billion problem
Kalshi’s sports-related prediction markets were challenged as unlicensed sports betting in Massachusetts, with a court asked to overturn an injunction.
In 2024, nearly 72% of Massachusetts voters approved a ballot question specifying that the state auditor has the authority to audit the Legislature. Now, momentum could finally be growing towards a long-awaited audit. The Massachusetts Supreme Judicial Court heard arguments Wednesday in the matter of whether or not State Auditor Diana DiZoglio can sue the Legislature to force their compliance without going through Attorney General Andrea Campbell's office. Multiple justices expressed a desire to see the case move forward toward some form of resolution, perhaps by setting a deadline for Campbell to decide whether she will represent DiZoglio, the Legislature, or neither.