Event-betting platform Kalshi has sued New York state regulators for overreach, staging a preemptive strike weeks after Crypto.com lost a similar case in Nevada.

Kalshi argues that the CFTC has exclusive jurisdiction over derivatives on federally regulated exchanges, and state ...

Kalshi sues New York over sports prediction market shutdown, claiming federal derivatives authority preempts state gambling ...

New York became the latest state to start a legal fight with Kalshi after the regulators sent a cease-and-desist letter to ...

Kalshi has taken the New York State Gaming Commission to court, arguing the watchdog overreached in trying to block its ...

Kalshi filed a motion for preliminary injunction against the New York Gaming Commission on Monday, following a Friday ...

By suing first, Kalshi controls the narrative to focus on federal preemption rather than contract legality, Decrypt was told.

The Baltimore Ravens were without Lamar Jackson on Sunday and luckily, they won the game. The Ravens now get back to 2-5 and, surprisingly, are the betting favorites to win the AFC North. They now ...

As TwinSpires sees it, the provisions of the federal Interstate Horseracing Act (IHA) preempt those state licensing ...

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Represented by Milbank LLP, KalshiEX LLC is seeking a court order preventing New York regulators from pursuing enforcement ...