Arizona Judge Puts Kalshi Gambling Case on Hold
15 Articles
15 Articles
Federal judge blocks Arizona AG from prosecuting Kalshi, says it violates the Constitution
The Commodity Futures Trading Commission sued Arizona on April 2, 2026, alleging the state is violating federal law by trying to regulate Kalshi and other online prediction markets. (Photo by Jim Small/Arizona Mirror)A federal judge has temporarily blocked Attorney General Kris Mayes from pursuing criminal charges against the online prediction market company Kalshi, concluding that the Trump administration is likely to succeed in its lawsuit arg…
US judge blocks Arizona criminal case against Kalshi at CFTC's request
In a notable turn of events, Arizona's criminal case against the innovative prediction market, Kalshi, has been suspended by a federal judge. The CFTC has stepped in, launching a lawsuit aimed at shielding the prediction market landscape from state regulation. The temporary restraining order issued by the court effectively freezes Arizona's attempts to levy criminal charges against CFTC-governed entities.
CFTC Win Pauses Arizona Case Against Kalshi, Sets Stage for Ninth Circuit Appeal
Key Takeaways ▸ A forthcoming TRO pauses Arizona’s criminal case, reinforcing the federal preemption argument over DCMs. ▸ Arizona can appeal the TRO now or wait and appeal after a district court ruling on the merits. ▸ The TRO’s scope and ultimate ruling, with a likely Ninth Circuit appeal, could help set the boundaries of state authority over prediction markets. US district judge Michael Liburdi indicated on Friday that he would grant the Com…
Arizona Ordered to Temporarily Halt Pursuit of Criminal Charges Against Kalshi
The United States District Court for the District of Arizona granted a temporary restraining order to halt Arizona’s pursuit of criminal charges against Kalshi The temporary restraining order will last for at least 14 days The Commodity Futures Trading Commission filed lawsuits against Arizona, Connecticut, and Illinois regarding prediction markets A United States District Court for the District of Arizona judge last week granted a temporary res…
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