Connecticut judge rejects Kalshi injunction bid over CFTC order
A federal judge in Connecticut rejected Kalshi’s request for an emergency injunction, ruling that a CFTC order could not override the court’s interpretation of federal law. The judge also found Kalshi had not shown irreparable harm; the dispute concerns whether state gambling laws apply to its sports-event contracts.
Kalshi’s request was denied, leaving Connecticut’s gambling-law enforcement position in place during the sports-contract dispute.