Federal court upholds Connecticut's authority over sports events contracts

11th August, 2026

Aravind Bulusu
Connecticut GIG

The Connecticut district court has denied Kalshi’s request for a preliminary injunction against Connecticut officials, in a lawsuit where the US prediction market sought to prevent the state from enforcing its gaming laws against its sports-event contracts.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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