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Utah judge rejects Kalshi’s federal pre-emption argument
It was reported that Judge Robert Shelby rejected Kalshi’s attempt to block Utah gambling-law enforcement. The judge found the federal law cited by Kalshi did not displace the state’s authority.
Tenth Circuit rejects Kalshi request to block Utah gambling enforcement
Reportedly, the Tenth Circuit Court of Appeals rejected Kalshi's request on Tuesday to stop Utah enforcing gambling laws during its appeal. Kalshi is appealing a District Court defeat.
New York judge questions CFTC bid to block state action against prediction markets
US District Judge Lorna G. Schofield questioned the CFTC's prospects of securing a preliminary injunction to prevent New York from enforcing gambling laws against event-contract platforms. At a 14 September hearing, the agency argued that the contracts fall under its exclusive authority; New York, the American Gaming Association and 44 state attorneys general oppose that position. Federal appeals courts have issued conflicting rulings, and the Supreme Court has been asked to resolve the dispute.
Federal judge rejects Chukchansi tribe’s bid to halt North Fork casino
A federal judge in Fresno denied the Picayune Rancheria of the Chukchansi Indians’ request to make North Fork Mono Casino suspend operations. The casino opened on 27 October; Judge Kirk E. Sherriff said Picayune had not demonstrated the immediate, irreparable harm required for preliminary relief. Picayune’s lawyer said the tribe would appeal to the Ninth Circuit.
In Fresno, a federal judge turned down a request from Picayune Rancheria, the Chukchansi tribe, to halt operations at North Fork Mono Casino. The new casino in Madera remains open as the dispute heads toward the Ninth Circuit.
Illinois federal judge limits state gambling enforcement against Kalshi
A federal judge in Illinois partially maintained preliminary injunctions protecting Kalshi from state gambling enforcement on 2 October. The court found that federal law likely preempts state licensing requirements because Kalshi’s contracts likely qualify as swaps. The ruling remains preliminary, and the judge allowed further briefing on wager-related fees.
A federal judge in Illinois ruled on 2 October that the state likely cannot enforce several of its gambling laws against Kalshi while a case on prediction markets continues, keeping preliminary injunctions in place in part. US District Judge Martha M. Pacold found that Kalshi's event contracts are likely swaps under the Commodity Exchange Act, according to the opinion. The decision is not final.