By SectorWire desk ·
The report said that FlightAware voluntarily dismissed its New York lawsuit against Kalshi. The complaint had alleged commercial misuse of FlightAware’s data and name in flight-cancellation contracts.
The withdrawal ends FlightAware’s reported lawsuit over Kalshi’s use of its data.
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The withdrawal ends the filed legal challenge over FlightAware’s role in contract verification.
The dispute concerns whether states can apply gambling rules to sports-event contracts offered by federally regulated exchanges.
The findings bear on state challenges to Kalshi and Polymarket's position that their contracts fall exclusively under CFTC jurisdiction.
The analysis questions Kalshi’s explanation for concentrated activity in its ether perpetual contracts.
The new contracts allow partial settlement rather than requiring players to reach the full statistical target.
The dispute could affect whether prediction market operators face state gambling laws alongside federal oversight.