Connecticut Sues Kalshi Over Sports Prediction Contracts

Connecticut has sued Kalshi, intensifying a growing legal battle over whether prediction markets can offer sports contracts nationwide. The state claims Kalshi crosses the line into unlicensed sports gambling. However, Kalshi argues federal regulators have exclusive authority over its markets. Connecticut Challenges Kalshi’s Sports Contracts Connecticut Attorney General William Tong filed the lawsuit Thursday against […] Read The Full Article C…