Connecticut sues Kalshi over sports contracts, a Montana judge revives a stalled case, and rivals push into MLB deals and new U.S. markets.
Novig
Kalshi loses more court rounds in Connecticut and Washington as the CFTC unveils a regulatory roadmap for event contracts.
The CFTC-regulated sports exchange topped $125M in its debut week while fighting New York, Massachusetts and three other states over gambling law claims.