Massachusetts granted injunction against prediction market Kalshi

After Kalshi moved to dismiss it, an injunction was granted against the prediction market in favor of Massachusetts.
Judge Barry-Smith has granted an injunction against Kalshi in Massachusetts, preventing the prediction market operator from offering sport-related event contracts due to not having the correct license. The injunction will be filed by the Commonwealth no later than 4pm on January 21, with Kalshi having the opportunity to submit a response before 10am on January 23.
“At the hearing both parties discussed, but did not resolve, certain details of the Commonwealth’s requested injunction, including how to prohibit new contracts without impacting already existing contracts,” said the Judge, as reported by betting analyst Bill Speros.

Judge Barry-Smith
“The Commonwealth’s motion for a preliminary injunction is ALLOWED. Kalshi’s motion to dismiss is DENIED.
The Commonwealth is entitled to a preliminary injunction prohibiting Kalshi from offering sport-related event contracts in the absence of the required…
— Bill Speros (@billsperos) January 20, 2026

This case dates back to the Massachusetts Attorney General Andrea Joy Campbell first filing against Kalshi in September, arguing that the platform’s event contracts closely resemble sports wagers and are promoted as such on TV and online to Massachusetts residents. Such activities, in Campbell’s view and now the court’s, require an official gambling license.
“The Court has made clear that any company that wants to be in the sports gaming business in Massachusetts must play by our rules – no exceptions,” said AG Campbell in a statement on January 20. “Today’s victory marks a major step toward fortifying Massachusetts’ gambling laws and mitigating the significant public health consequences that come with unregulated gambling.”
The Massachusetts Gaming Commission has also praised Judge Barry-Smith’s decision, with MGC Chair Jordan Maynard saying: “The Commission appreciates the efforts of Attorney General Campbell and the Office of the Attorney General to enforce Massachusetts gaming laws and is thankful for the recent ruling – we are hopeful this issue can be settled soon. The MGC reminds Massachusetts residents that the safest place to wager, if they choose to do so, is with a legal regulated operator.”

Statement from MGC Chair Jordan Maynard regarding today’s prediction market news: pic.twitter.com/Tt6LvHUhhb
— MA Gaming Commission (@MassGamingComm) January 20, 2026

More evidence piles against Kalshi across the country
With Kalshi facing similar legal battles in different states, the Massachusetts case has already been filed as supplemental evidence for a case in New York, according to gaming lawyer David Wallach.

Look for the Massachusetts court decision to filed as supplemental authority by States and Tribes in other prediction market court cases. New York draws first blood. https://t.co/vCBzIEkg06
— Daniel Wallach (@WALLACHLEGAL) January 20, 2026

The injunction is setting a precedent in gambling regulators’ favor, potentially making it more likely for other judges to put similar injunctions or obstacles in place.
Featured image: Kalshi / Canva
The post Massachusetts granted injunction against prediction market Kalshi appeared first on ReadWrite.

Posted in Tech | Tagged | Comments Off on Massachusetts granted injunction against prediction market Kalshi

The ‘sell America’ trade, Trump arrives in Davos, Netflix earnings and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

Posted in Tech | Tagged | Comments Off on The ‘sell America’ trade, Trump arrives in Davos, Netflix earnings and more in Morning Squawk

Nvidia’s Jensen Huang says AI robotics is a ‘once-in-a-generation’ opportunity for Europe

Europe’s industrial base sets it up well to lead in the physical AI space, Huang told WEF

Posted in Tech | Tagged | Comments Off on Nvidia’s Jensen Huang says AI robotics is a ‘once-in-a-generation’ opportunity for Europe

Meta’s $2 billion Manus deal pushes away some of startup’s customers, who are ‘sad that this has happened’

Following Meta’s purchase Manus at the end of December, some customers of the AI startup jumped ship due to concerns about the new parent company.

Posted in Tech | Tagged | Comments Off on Meta’s $2 billion Manus deal pushes away some of startup’s customers, who are ‘sad that this has happened’

Lemonade launches an insurance product for Tesla Full Self-Driving customers

Lemonade says it worked with Tesla to gain access to previously-restricted vehicle telemetry data, but declined to offer specifics.

Posted in Tech | Tagged | Comments Off on Lemonade launches an insurance product for Tesla Full Self-Driving customers

Eternal CEO Deepinder Goyal hands over reins to Blinkit chief as quick commerce takes off

Deepinder Goyal will remain on Eternal’s board as its vice chairman.

Posted in Tech | Tagged | Comments Off on Eternal CEO Deepinder Goyal hands over reins to Blinkit chief as quick commerce takes off

OpenEvidence, the ‘ChatGPT for doctors,’ doubles valuation to $12 billion

OpenEvidence, based in Massachusetts, has topped a $12 billion valuation in a funding round led by Thrive and DST.

Posted in Tech | Tagged | Comments Off on OpenEvidence, the ‘ChatGPT for doctors,’ doubles valuation to $12 billion

Language learning marketplace Preply’s unicorn status embodies Ukrainian resilience

Language learning marketplace Preply is now valued at $1.2 billion after raising a $150 million that marks a new chapter for the 14-year-old company.

Posted in Tech | Tagged | Comments Off on Language learning marketplace Preply’s unicorn status embodies Ukrainian resilience

EU’s New Cybersecurity Act Could Ban High-Risk Suppliers

This sweeping update introduces measures to identify and potentially exclude “high-risk” third countries and companies across 18 essential sectors.
The post EU’s New Cybersecurity Act Could Ban High-Risk Suppliers appeared first on TechRepublic.

Posted in Tech | Tagged | Comments Off on EU’s New Cybersecurity Act Could Ban High-Risk Suppliers

Top 10 Highest-Paid Tech Jobs in 2026

From enterprise architects to data scientists, these are the highest-paid tech jobs in 2026 based on salary and hiring trends.
The post Top 10 Highest-Paid Tech Jobs in 2026 appeared first on TechRepublic.

Posted in Tech | Tagged | Comments Off on Top 10 Highest-Paid Tech Jobs in 2026