Second Circuit denies Kalshi and Coinbase injunction requests in New York and Connecticut
The decision allows New York and Connecticut authorities to continue pursuing their cases against the companies’ sports event contracts.
All news
Reports
Ninth Circuit denies Kalshi appeal against Nevada
The ruling keeps Nevada's action against Kalshi in place and tests how far prediction markets can operate outside state gambling regimes.
CFTC intervenes in Kalshi New York case as state challenges widen
Prediction-market operators face widening state litigation and access restrictions that could reshape how exchanges offer event contracts across US jurisdictions.
Kalshi seeks Second Circuit injunction citing CFTC market emergency
The filing tests whether a CFTC emergency declaration can support appellate relief for a prediction-market operator facing federal action.
Second Circuit refuses Kalshi bid to block New York gambling enforcement
The rulings leave prediction-market operators facing state gambling enforcement in two US jurisdictions while federal pre-emption arguments remain unresolved.
New York federal judge rejects Kalshi injunction request
Kalshi appealed to the Second Circuit after the judge found federal commodities law did not override New York gambling law.
Kalshi seeks emergency injunction against New York gambling enforcement
Operators should watch whether Kalshi's injunction extends protection beyond New York's 30 July enforcement pause.