By SectorWire desk · · Updated
An Oklahoma tribe denied Kalshi’s partnership claim. The outlet said it had covered Kalshi’s claims of additional partnerships the previous week.
The denial challenges Kalshi’s account of a tribal partnership.
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The dispute concerns whether states can apply gambling rules to sports-event contracts offered by federally regulated exchanges.
The findings bear on state challenges to Kalshi and Polymarket's position that their contracts fall exclusively under CFTC jurisdiction.
The analysis questions Kalshi’s explanation for concentrated activity in its ether perpetual contracts.
The new contracts allow partial settlement rather than requiring players to reach the full statistical target.
The dispute could affect whether prediction market operators face state gambling laws alongside federal oversight.
The access restrictions affect how prediction-market platforms can serve users in Taiwan amid enforcement over election-related betting.