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Kalshi's fight with Nevada is a question of federalism, and the language of the Commodities Exchange Act (CEA) is clearly in its favor says crypto attorney Aaron Brogan.
Kalshi can keep offering its sports event contracts in Nevada—for now. The post Kalshi Notches Legal Win in Fight With Nevada ...
Nevada pushes back on Kalshi lawsuit, arguing federal law can’t force states to enforce national regulatory schemes under ...
Kalshi has enlisted Sara Slane as the company prepares to fight for the right to offer sports prediction markets in the ...
That led New Jersey’s Department of Gaming Enforcement and the Nevada Gaming Commission to serve Kalshi to block its service ...
State gambling regulators have begun asserting jurisdiction over these platforms, arguing that event contracts are really ...
Kalshi has filed lawsuits against the Nevada Gaming Control Board (NGCB) and the New Jersey Division of Gaming Enforcement ...
Kalshi sued Nevada’s gaming regulators to keep offering so-called event contracts to bet on sports and politics, setting up a ...
Kalshi is overseen by the CFTC. However, according to historical precedents, states have always been tasked with regulating ...
Prediction market Kalshi sues Nevada and New Jersey gambling regulators after being issued cease-and-desist letters in recent ...
Nevada gaming regulators say Kalshi LLC’s derivatives exchange looks too much like sports betting and is illegal, so the New ...
Kalshi and Robinhood were handed cease-and-desists in New Jersey over their March Madness sports predictions. The outcome ...