In a decision on Tuesday, US District Judge Analisa Torres in Manhattan said Kalshi did not deserve a preliminary injunction, because the federal Commodity Exchange Act did not supersede New York's gambling laws as applied to Kalshi's sports-event contracts.
In a decision on Tuesday, US District Judge Analisa Torres in Manhattan said Kalshi did not deserve a preliminary injunction, because the federal Commodity Exchange Act did not supersede New York's gambling laws as applied to Kalshi's sports-event contracts.
<iframe src="https://hindustansphere.com/embed/cluster/106d5e399067aa8d3bd477a6d23fe75dec042ef9" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Federal Judge rejects Kalshi bid to block New York gambling enforcement law"></iframe>
