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EconomyKalshi court losses mount as judges decline to block state gambling laws

Two federal appeals courts rejected Kalshi’s latest efforts to block gambling laws in Connecticut, New York and Nevada. Arkansas’s attorney general has also sued the prediction-market operator. The disputes concern whether state gambling laws cover prediction markets, which Kalshi says offer swaps regulated only by the CFTC.

Kalshiprediction marketsgambling lawscourt cases

AArs Technica★★★☆☆2026-11-05 19:46Original

Kalshi court losses mount as judges decline to block state gambling laws
Kalshi court losses mount as judges decline to block state gambling lawsEconomy