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 seeks preliminary injunction as tribes oppose Arizona betting crackdown Suswati Basu Kalshi is asking a federal judge in Arizona to step in and halt state enforcement actions targeting its event-based trading platform. The move ramps up a growing legal fight over whether Kalshi’s contracts should be treated as legitimate financial products or … Continue reading Kalshi seeks preliminary injunction as tribes oppose Arizona betting crackdown
Nevada files motion for TRO and preliminary injunction against Polymarket Sophie Atkinson Suswati Basu The battle against state gaming commissions and prediction markets wages on, as Nevada gaming regulators have filed a motion for a temporary restraining order (TRO) and preliminary injunction against Polymarket. In the filing, it states: “The BOARD seeks … Continue reading Nevada files motion for TRO and preliminary injunction against Polymarket
