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Iowa federal judge rejects Kalshi bid to block state gambling oversight

Regulation

A US federal judge in Iowa denied Kalshi’s request for a preliminary injunction against state regulation of its sports-related event contracts. Judge Stephen Locher found Kalshi was unlikely to succeed in arguing that the Commodity Exchange Act expressly pre-empts Iowa gambling laws. Iowa had not taken enforcement action against the company when it filed suit in March.

The ruling leaves Iowa gambling laws applicable to Kalshi’s sports-related event contracts as litigation continues.

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Regulation

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.

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