Sixth Circuit Lets Ohio and Tennessee Enforce Gambling Laws Against Kalshi Sports Contracts
A unanimous Sixth Circuit panel held on September 25 that Kalshi's sports-event contracts fall outside the Commodity Exchange Act's swap…
Tag: Commodity Exchange Act
Sixth Circuit Lets Ohio and Tennessee Enforce Gambling Laws Against Kalshi as Cases Continue
A unanimous Sixth Circuit panel held on Sept. 25 that Kalshi's sports event contracts are not swaps, affirming Ohio's win…
Polymarket Asks Federal Court to Block New York Gambling Case Filed the Same Day
Polymarket US has asked a Manhattan federal court for preliminary and permanent injunctions against New York's gambling laws, days after…
Sixth Circuit Rejects Kalshi Sports-Contract Preemption Bid in Ohio and Tennessee Appeals
The Sixth Circuit ruled Kalshi's sports event contracts aren't CEA swaps and don't preempt Ohio and Tennessee gambling law, joining…
Sixth Circuit Denies Kalshi Injunctions in Ohio and Tennessee, Extending Split Over Sports Event Contracts
The Sixth Circuit ruled unanimously that Ohio and Tennessee can enforce state gambling laws against Kalshi's sports contracts, splitting from…
Sixth Circuit Says Kalshi Sports Contracts Are Not Swaps, Letting Ohio and Tennessee Enforce Gambling Laws
The Sixth Circuit ruled Kalshi failed to show its sports-event contracts are federally regulated swaps, letting Ohio and Tennessee enforce…
Crypto.com and Robinhood Ask Supreme Court to Resolve Sports Event Contract Split
Crypto.com's NADEX and Robinhood Derivatives filed separate Supreme Court petitions seeking federal preemption of state gambling laws over sports event…
Ninth Circuit Lets Nevada Enforce Kalshi Sports Ban as Michigan Sets $500,000 Daily Penalty
A 9th Circuit panel ruled August 28 in KalshiEX v. Assad that Nevada can bar Kalshi's sports event contracts, while…
CFTC Emergency Order Keeps Kalshi Operating After New York Lawsuit
New York Attorney General Letitia James has asked a federal court to disregard the CFTC's August 11 emergency directive ordering…
CFTC Order Keeps Kalshi Trading as New York Seeks More Than $36 Billion
The CFTC invoked emergency authority on August 11 to direct Kalshi to continue operating in New York, two weeks after…