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Kalshi adds screening to block athletes and political candidates from related markets

Regulation

Kalshi said on 23 March it was introducing screening to prevent athletes, sports staff and referees from trading on related sports markets, and to block political candidates from trading on their own campaigns. The company said its sports screening builds on work with IC360; it did not define which markets count as associated.

The screening changes how Kalshi seeks to enforce trading restrictions on sports and political event contracts.

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Thirty-seven states back New York in Kalshi sports-betting case

Thirty-seven US states, the District of Columbia and the Northern Mariana Islands submitted a brief supporting New York against Kalshi to the Second Circuit Court of Appeals. Registered on 6 November, the brief argues that federal derivatives law should not prevent states from enforcing sports-betting and consumer-protection rules; a separate group of 38 states filed a Wisconsin brief concerning Polymarket, Coinbase, Robinhood and Crypto.com.

A coalition of 37 US states, the District of Columbia and the Northern Mariana Islands has filed a brief supporting New York in its case against Kalshi at the Second Circuit Court of Appeals. The brief, filed on 6 November, argues that federal derivatives law should not prevent states from applying sports-betting and consumer-protection rules.

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