Connecticut Files Lawsuit Against Kalshi Over Unlicensed Sports Contracts
Connecticut has initiated a lawsuit against Kalshi, aiming to block the prediction market platform from offering sports event contracts deemed unlicensed by state officials. This legal action adds to ongoing disputes regarding prediction markets, with mixed outcomes in state and federal courts suggesting potential Supreme Court involvement.
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Connecticut's new lawsuit against Kalshi piles on to prediction market legal fight
The courtroom combat across state and federal courts is so far producing roughly split outcomes, suggesting a big job may be coming for the Supreme Court.
Connecticut sues Kalshi over unlicensed sports event contracts
Connecticut has sued Kalshi and asked a court to block the prediction market platform from offering sports event contracts that state officials classify as unlicensed sports wagering. The Connecticut Attorney General’s Office said Wednesday that Attorney General William Tong, Department…
Connecticut sues Kalshi over sports event contracts in months-long legal feud
Kalshi Head of Litigation Jovy Dedaj calls the move 'arbitrary and inconsistent enforcement,' as other platforms continue to operate there.


