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California court denies tribes’ bid to bar Kalshi from tribal lands

Regulation

A US district court in California denied three tribes’ motion to stop Kalshi operating on tribal lands, ruling that the plaintiffs had not shown a likelihood of success on their Indian Gaming Regulatory Act claim. The tribes had argued that Kalshi’s offerings violated the law; the court said the record did not support the requested relief. The case is among several legal challenges to Kalshi’s prediction markets across the United States.

The ruling leaves Kalshi able to continue operating on the lands involved while the legal challenge proceeds.

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Ninth Circuit questions Kalshi over contracts on tribal lands

A Ninth Circuit panel questioned Kalshi during an appeal by three California tribes seeking to revive their request for a preliminary injunction. The tribes argue the sports-event contracts constitute unauthorised Class III gaming on tribal lands under the Indian Gaming Regulatory Act; Kalshi disputes whether the law gives tribes a claim against a private company. The court has set no decision deadline.

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