Tag Archives: denying

Judge allows Arizona gambling case against Kalshi, denying preliminary injunction

Judge allows Arizona gambling case against Kalshi, denying preliminary injunction Suswati Basu     A federal judge is letting Arizona press ahead with its gambling case against a federally regulated prediction market, rejecting an urgent bid from Kalshi to halt enforcement while the broader legal fight plays out. In an order dated Wednesday (April 8), … Continue reading Judge allows Arizona gambling case against Kalshi, denying preliminary injunction

Kalshi faces class-action lawsuit over ‘deceptive’ claims denying gambling platform status

Kalshi faces class-action lawsuit over ‘deceptive’ claims denying gambling platform status Joel Loynds   Suswati Basu     A group of regular Kalshi users, some of whom are self-professed addicts, have filed a class-action lawsuit against the prediction market over its claims that it is not a betting platform. Alexander Hallman, Jeremy Kravetz, Daniel Greenberg, … Continue reading Kalshi faces class-action lawsuit over ‘deceptive’ claims denying gambling platform status