Washington Preliminary Injunction Against Kalshi Deepens State and Federal Fight Over Event Contracts
A Washington state court ordered Kalshi to halt most contracts in the state on August 14, while the CFTC simultaneously…
Tag: event contracts
Washington Judge Rejects Kalshi Preemption Defense In Preliminary Injunction
King County Superior Court Judge John McHale ordered Kalshi on August 13 to stop offering sports, elections, entertainment, and technology…
New York’s $36 Billion Kalshi Suit Puts CFTC Preemption Fight Back in Court
The CFTC's August 11 emergency order to Kalshi to keep operating in New York, its second such intervention in a…
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…
State Lawsuits Put Sports Prediction Markets on Collision Course With CFTC Rulemaking
The CFTC told federally regulated prediction markets on August 7 to stop displaying sports contracts as plus-minus moneyline odds, calling…
CFTC Sues Kentucky After State Targets Kalshi and Polymarket Sports Event Contracts
The CFTC told regulated prediction market exchanges and brokers to stop displaying event contracts in American-style moneyline odds, citing research…
State Challenges Put CFTC Authority Over Sports Prediction Markets Under Pressure
The CFTC sent letters to all regulated prediction market operators ordering them to stop displaying event contracts in American-style moneyline…
CFTC Tightens Event-Contract Filings as States Press Kalshi and Prediction Markets in Court
The CFTC told federally regulated prediction market platforms on August 7 to stop displaying contracts as American-style moneyline odds, citing…
CFTC Prediction-Market Proposal Collides With State Gambling Fight After Minnesota Injunction
The CFTC told regulated prediction-market platforms on August 7 to stop displaying contracts with American-style moneyline odds, requiring compliance by…
Kentucky Lawsuits and Minnesota Injunction Put Sports Prediction Markets Back in Court
The CFTC sent a letter August 7 ordering regulated prediction market platforms to stop displaying American-style betting odds, citing deceptive-practices…