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Connecticut regulator reveals it’s been investigating Kalshi since 2024

Summary by egr.global
The Connecticut Department of Consumer Protection’s (DCP) gaming division has become the latest regulator to announce it is taking a closer look at Kalshi’s prediction markets offering.   Given Kalshi is regulated at federal level by the Commodity Futures Trading Commission (CFTC), the New York-based firm argues it does not have to adhere to the rules of state-level regulators such as the DCP’s gaming division.    The regulator has explained to …
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Connecticut regulator reveals it’s been investigating Kalshi since 2024

The Connecticut Department of Consumer Protection’s (DCP) gaming division has become the latest regulator to announce it is taking a closer look at Kalshi’s prediction markets offering.   Given Kalshi is regulated at federal level by the Commodity Futures Trading Commission (CFTC), the New York-based firm argues it does not have to adhere to the rules of state-level regulators such as the DCP’s gaming division.    The regulator has explained to …

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egr.global broke the news in on Wednesday, April 2, 2025.
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