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Kalshi sues Arizona officials over prediction-market enforcement risk

Regulation

Kalshi has sued Arizona Department of Gaming Director Jackie Johnson and Attorney General Kristin Mayes in federal court, alleging a substantial risk of enforcement action that would stop it offering event contracts in the state. The ADG previously sent Kalshi and Crypto.com cease-and-desist notices asserting their event wagering was unlicensed under state law.

The case challenges Arizona’s authority to restrict Kalshi’s event contracts and may affect prediction-market access in the state.

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Kalshi sues Montana officials over event-contract enforcement

Kalshi filed a federal lawsuit against Montana officials, seeking to block the application of the state’s gambling laws to its exchange, according to the report. The company argues that a 2025 agreement paused enforcement during related litigation; Montana’s Gambling Control Division had issued a second cease-and-desist letter ordering Kalshi to stop offering event contracts in the state.

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