Kalshi Secures Second Legal Win as Judge Backs CFTC Authority in New Jersey

Prediction market operator Kalshi has achieved another courtroom victory, this time in New Jersey, where a federal judge issued a preliminary injunction (pdf) that temporarily halts state efforts to restrict its sports event contract offerings. This marks the second time a court has ruled in Kalshi’s favor, following a similar outcome in Nevada, as the […]

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Apr 29, 2025 - 08:00
Kalshi Secures Second Legal Win as Judge Backs CFTC Authority in New Jersey

Prediction market operator Kalshi has achieved another courtroom victory, this time in New Jersey, where a federal judge issued a preliminary injunction (pdf) that temporarily halts state efforts to restrict its sports event contract offerings. This marks the second time a court has ruled in Kalshi’s favor, following a similar outcome in Nevada, as the […]