July 08, 2026
Kalshi is challenging a New York federal court's decision to deny it an enforcement shield from the state's gaming laws, adding the Second Circuit to the list of appellate courts set to weigh in on the question of prediction market regulation.
July 07, 2026
Kalshi cannot block New York from enforcing its gambling laws against the prediction market platform's sports-related offerings while the company pursues litigation accusing the state of intruding on the federal government's regulatory authority over derivatives trading, a federal judge ruled Tuesday.
December 09, 2025
A slew of tribal gaming associations are backing the New York State Gaming Commission in a dispute with Kalshi over state gaming laws, arguing that the trading platform has unfairly entered the market to the detriment of Indigenous nations' revenue and bargained compacts.
October 27, 2025
Trading platform Kalshi on Monday accused the New York State Gaming Commission of intruding into the federal government's regulatory authority over derivatives trading, in a lawsuit following a cease-and-desist letter it received from the state regulator for allegedly illegal sports wagering.