Kalshi files same-day appeal of NY court's rejection of bid to block state gambling law enforcement
CoinTelegraph·
60-second summary
Kalshi is filing a same-day appeal of a New York federal judge's rejection of its bid to block state gambling officials from enforcing local laws against its sports event contracts. The appeal targets the Second Circuit. Kalshi seeks to circumvent New York's laws regulating sports betting, potentially impacting its operations and the broader US sports betting market.
Kalshi appealed to the Second Circuit after a New York federal judge denied its request to block state gambling officials from enforcing local laws against its sports event contracts.