Kalshi Files Lawsuit Against New York Gaming Commission Over Sports Event Contracts
Prediction market operator Kalshi has launched legal action against the New York State Gaming Commission (NYSGC), challenging the state’s authority to block its sports event contracts. The lawsuit, filed in the U.S. District Court for the Southern District of New York, argues that New York’s cease-and-desist order unlawfully intrudes on federal jurisdiction granted to the Commodity Futures […]
Prediction market operator Kalshi has launched legal action against the New York State Gaming Commission (NYSGC), challenging the state’s authority to block its sports event contracts. The lawsuit, filed in the U.S. District Court for the Southern District of New York, argues that New York’s cease-and-desist order unlawfully intrudes on federal jurisdiction granted to the Commodity Futures […]
