Ninth Circuit Lets Nevada Enforce Sports-Betting Laws Against Kalshi While Case Continues
A unanimous 9th Circuit panel sided with Nevada on August 28, rejecting Kalshi's argument that CFTC oversight preempts state gambling…
Tag: federal preemption
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…
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…
Kalshi’s New York Appeal Remains a Preemption Fight After Second Court Denial
The CFTC invoked emergency authority on August 11 to order Kalshi to continue operating under federal rules, directly countering New…
New York Seeks Up to $36 Billion From Kalshi as NFL Urges CFTC Sports-Contract Limits
New York Governor Kathy Hochul and AG Letitia James filed a $36 billion civil enforcement action against Kalshi on July…
New York Sues Kalshi Over Alleged Illegal Gambling, Seeking Up to $36 Billion
New York filed a civil enforcement action against Kalshi on July 31, seeking at least $36 billion in penalties and…
Kalshi Loses New York Injunction Fight After Second Circuit Denies Emergency Relief
New York Attorney General Letitia James and Governor Kathy Hochul filed suit against Kalshi on July 31, 2026, seeking at…
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…