Federal Judge Blocks Minnesota Prediction Market Ban Before August 1 Effective Date
A federal judge in Minnesota issued a preliminary injunction July 27 barring enforcement of the state's first-in-the-nation law banning prediction…
Tag: Commodity Exchange Act
New York Says Kalshi Penalties Could Reach $36 Billion in Sports-Contract Suit
The CFTC on August 11 ordered Kalshi to keep operating under federal rules after New York filed a $36 billion…
Connecticut’s Kalshi Case Tests State Sports-Betting Power Over Event Contracts
U.S. District Judge Vernon D. Oliver rejected Kalshi's bid for a preliminary injunction in Connecticut on August 10, ruling the…
Federal Judge Blocks Minnesota Prediction-Market Ban Before August 1 Start Date
U.S. District Judge Katherine Menendez granted a preliminary injunction on July 27, 2026, halting Minnesota's SF 3432 prediction market ban…
Federal Judge Pauses Minnesota Prediction-Market Ban as New York Opens Kalshi Suit
A federal judge halted Minnesota's first-in-the-nation prediction market ban days before it took effect, handing Kalshi and Polymarket a preliminary…
New York Sues Kalshi as State and CFTC Fight Over Prediction Market Oversight
New York Attorney General Letitia James filed a $36 billion lawsuit against Kalshi on July 31, calling it an illegal…
CFTC’s Wisconsin Lawsuit Keeps Prediction-Market Preemption Fight in Federal Court
A Wisconsin federal judge on July 29 denied the CFTC's preliminary injunction request, ruling the agency failed to show its…
Minnesota Injunction Gives CFTC a Win as Wisconsin Prediction Market Case Remains Pending
U.S. District Judge William Griesbach on July 29, 2026, denied the CFTC's preliminary injunction against Wisconsin, finding federal registration does…