BUSINESSTHE BLOCK
Federal judge denies Kalshi’s bid to block New York gambling law enforcement
A federal judge denied Kalshi's request to block enforcement of New York gambling laws against the company's sports-event contracts, ruling that these laws are not preempted by the federal Commodity Exchange Act.
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- Michigan Federal Judge Rules Sports Prediction Markets Are Not Under CFTC Purview
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- CFTC sues New York over bid to apply gambling laws to prediction markets