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Federal judge returns Massachusetts case against Kalshi to state court

Regulation

A federal judge has sent Massachusetts’ case against Kalshi to state court, rejecting the company’s request to keep its lawsuit in federal court. The order moves the dispute to Suffolk County Superior Court; Massachusetts Attorney General Andrea Campbell alleges Kalshi offered sports contracts without a state gambling licence, while Kalshi argues federal law pre-empts state regulation.

The dispute will proceed in state court, where Massachusetts alleges Kalshi offered sports contracts without a state gambling licence.

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Regulation

Massachusetts judge orders Kalshi to halt sports contracts during state case

A Massachusetts judge granted Attorney General Andrea Campbell’s request for a preliminary injunction barring Kalshi from operating its sports event contracts in the state while the lawsuit proceeds. The case alleges that Kalshi’s contracts violate state sports betting laws; Judge Christopher Barry-Smith found that the state had a strong prospect of success and that the Commodity Exchange Act did not displace state gambling laws.

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