Connecticut Judge Denies Kalshi Injunction Request
A federal judge in Connecticut has denied Kalshi’s request for a preliminary injunction, marking another setback for the prediction market operator in its ongoing dispute with state regulators over sports-related event contracts. The ruling, issued by U.S. District Court Judge Vernon D. Oliver, allows Connecticut authorities to move forward with potential enforcement of state gambling laws against Kalshi. While the decision does not immediately trigger regulatory action, it removes a legal barrier that had temporarily prevented the state from acting […] The post Connecticut Judge Denies Kalshi Injunction Request appeared first on World Casino News.
A federal judge in Connecticut has denied Kalshi’s request for a preliminary injunction, marking another setback for the prediction market operator in its ongoing dispute with state regulators over sports-related event contracts. The ruling, issued by U.S. District Court Judge Vernon D. Oliver, allows Connecticut authorities to move forward with potential enforcement of state gambling laws against Kalshi. While the decision does not immediately trigger regulatory action, it removes a legal barrier that had temporarily prevented the state from acting […]
The post Connecticut Judge Denies Kalshi Injunction Request appeared first on World Casino News.
