Connecticut Kalshi Case Remains Pending as State Regulators Press Sports-Wagering Claims
U.S. District Judge Vernon D. Oliver denied Kalshi a preliminary injunction on August 11, ruling that sports-event contracts are not…
Tag: New York
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…
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 Penalties That Could Reach $36 Billion in Kalshi Gambling Suit as NFL Presses CFTC on Sports Contracts
New York AG Letitia James filed suit against Kalshi on July 31, seeking up to $36 billion in penalties and…
Minnesota Prediction-Market Ban Blocked as Courts Split on Federal Preemption
A federal judge blocked Minnesota's first-in-the-nation prediction market ban four days before it was set to take effect, while New…
New York’s Kalshi Suit Raises Pressure on Polymarket’s Sports Push
Polymarket is running a $20 bonus offer through the New York Post for NFL 2026 markets, advertising in a state…
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…
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…