Kalshi seeks rehearing after appeals court backs tribal injunction in California
By SectorWire desk · · Updated
Summary
Kalshi sought a rehearing after a federal appeals court in San Francisco backed a preliminary injunction for two federally recognised tribes. The court found the tribes would likely establish that Kalshi's contracts breached the law.
Why it matters
Kalshi faces continued legal challenges after an appeals court backed tribes’ preliminary injunction and found their claims likely to succeed.