Judge rejects Kalshi bid to block New York gambling enforcement law

By Jonathan Stempel NEW YORK, July 8 (Reuters) - A federal judge denied Kalshi's bid to block New York from enforcing its ...

Judge rejects Kalshi attempt to override New York state gambling laws

Kalshi lost an attempt to override New York’s state gambling laws yesterday, with a federal judge rejecting the prediction ...

After NY Gambling Ruling, Kalshi Hit With Privacy Class Action

The suit, brought by Sterlington and Lite DePalma Greenberg & Afanador, was filed days after a Manhattan federal judge ...
Law

Game Over for State Gambling Laws? The CFTC Pushes Prediction Markets Toward the Winner’s Circle

This year, the CFTC has strongly opposed state bans on prediction markets, claiming federal authority under the CEA. Courts are divided on whether these markets are considered swaps and if federal law ...