RegulationAffPapa · 2h ago
Washington court rules Kalshi’s operations as illegal gambling
By Alla Basentsyan•July 22, 2026
The brief
A King County Superior Court Judge granted a preliminary injunction against Kalshi on July 20, 2026, ruling that the Commodity Exchange Act (CEA) can’t override state gambling laws. The lawsuit revolves around deciding whether Kalshi’s sports event contracts are regulated under federal oversight or state gambling laws…
Original report
AffPapa
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