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Kalshi Wins Temporary Pause Against Connecticut Gambling Order
Yahoo Finance· 2025-12-10 08:09
A federal judge has handed prediction markets platform Kalshi a temporary shield from enforcement after Connecticut regulators accused the company of running unlicensed online gambling. Key Takeaways: A federal judge temporarily blocked Connecticut from enforcing its gambling order against Kalshi. Kalshi argues its event contracts fall under the CFTC’s exclusive jurisdiction, not state gambling laws. The Connecticut dispute is one of several state-level battles Kalshi is fighting as regulators challe ...