Kalshi adds India to growing list of restricted jurisdictions

Kalshi, the prediction market platform, has announced that it will restrict access to users in India, joining a growing list of jurisdictions where its services are limited. This decision comes amid increasing regulatory scrutiny and uncertainty surrounding online gambling and prediction markets in various regions. Kalshi's move reflects broader trends in the industry as companies navigate complex legal landscapes. The platform, which allows users to bet on the outcomes of various events, aims to comply with local laws while continuing to expand its offerings in other markets. As regulatory pressures mount, Kalshi's actions highlight the challenges faced by online platforms operating internationally.