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New Jersey federal judge grants Kalshi preliminary injunction against DGE

Regulation

A federal judge in New Jersey granted Kalshi a preliminary injunction against the state Division of Gaming Enforcement’s cease-and-desist order. The DGE had alleged that Kalshi was offering unauthorised sports betting; Judge Edward Kiel found Kalshi’s argument that its sports-related contracts fell under the Commodity Futures Trading Commission’s exclusive jurisdiction warranted preliminary relief.

The injunction temporarily limits the state regulator’s enforcement action against Kalshi’s sports-related event contracts.

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Regulation

Nevada court grants preliminary injunction against Polymarket

A Nevada judge granted a preliminary injunction targeting prediction platform Polymarket late in the week before 2 June, reportedly. The Nevada Gaming Control Board has pursued action against platforms offering event contracts, which state regulators regard as unauthorised sports wagering; the source gives no further details of the order.

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