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Kalshi appeals NY court's rejection of gambling law enforcement block · Cyprus Report

Business · World

Kalshi appeals NY court's rejection of gambling law enforcement block

1 sourceFirst reported 14 days agoUpdated 14 days ago

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Kalshi has filed an appeal with the Second Circuit following a New York federal judge's decision to deny its request to block the enforcement of state gambling laws.
The appeal was submitted on the same day the court ruling was announced.
In the initial ruling, the judge determined that state gambling officials could proceed with legal actions against Kalshi's sports event contracts.
Kalshi's legal strategy aims to challenge the enforcement of local gambling laws that it claims impact its business operations.

Generated by AI from the 1 sources below · always verify with the originals

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Kalshi files same-day appeal of NY court's rejection of bid to block state gambling law enforcementCointelegraph · 14 days ago

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AI summary: catch up in 20 seconds

Kalshi has filed an appeal with the Second Circuit following a New York federal judge's decision to deny its request to block the enforcement of state gambling laws.
The appeal was submitted on the same day the court ruling was announced.
In the initial ruling, the judge determined that state gambling officials could proceed with legal actions against Kalshi's sports event contracts.
Kalshi's legal strategy aims to challenge the enforcement of local gambling laws that it claims impact its business operations.

Generated by AI from the 1 sources below · always verify with the originals