Connecticut sues Kalshi to halt sports-event contracts

By SectorWire desk · 27 August 2026

Summary

Connecticut announced a lawsuit against Kalshi on 26 August seeking to halt its sports-event contracts in the state. State officials allege the products constitute sports betting without state authorisation and seek an immediate injunction. The action follows December cease-and-desist orders against Kalshi and two other prediction market platforms.

Why it matters

Connecticut seeks an immediate injunction halting Kalshi’s sports-event contracts, alleging sports betting without state authorisation.

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