Judge denies Kalshi emergency relief in Connecticut dispute
By SectorWire desk ·
Summary
Judge Vernon D. Oliver rejected Kalshi’s request for emergency relief pending appeal in Connecticut. He maintained that its sports contracts fall outside the CFTC’s exclusive jurisdiction and that the agency could not override his interpretation of federal law. The ruling allows Connecticut to enforce its gambling laws.
Why it matters
Connecticut can enforce its gambling laws against Kalshi following the rejection of emergency relief pending appeal.