US federal judge denies Kalshi’s request to stop Arizona’s criminal case against its prediction market operations
A U.S. federal judge has rejected a bid by prediction market operator Kalshi to halt Arizona’s criminal prosecution, marking the latest development in a widening legal battle over the status of event-based trading platforms. The court denied Kalshi’s request to block the case and declined to rule that federal law overrides Arizona’s gambling statutes. U.S. […]