FlightAware Withdraws Kalshi Lawsuit After Flight Market Dispute
FlightAware said Kalshi used its name and flight data in betting markets, and a judge had ordered the company to explain why a restraining order was not needed.
- On Tuesday, flight tracking company FlightAware voluntarily dismissed its lawsuit against prediction market platform Kalshi in the District Court for the Southern District of New York, ending the case one day after filing.
- FlightAware filed the legal action on Monday, claiming that Kalshi used its name and data without authorization to operate gambling markets on flight cancellations.
- Following the initial complaint, Kalshi updated its event contracts to list 'Primary Source Agency' as the data verifier, noting the change did not 'indicate an endorsement of this product or any affiliation' with FlightAware.
- Separately, the Commodity Futures Trading Commission invoked 'emergency authority' on Tuesday to block New York state officials from seeking a restraining order against Kalshi, with chair Michael Selig asserting the agency's 'exclusive jurisdiction' over prediction markets.
- Prediction market platforms including Kalshi and Polymarket face ongoing legal challenges from various state gaming authorities, which have alleged these companies offer unlicensed sports betting to residents across multiple jurisdictions.
14 Articles
14 Articles
FlightAware Withdraws Its Kalshi Suit a Day After Filing, Leaving the Data Question Unanswered
FlightAware filed a notice of voluntary dismissal on Tuesday in the U.S. District Court for the Southern District of New York, ending the case it had brought against Kalshi the previous day. The filing dismisses the action against all four defendants, Kalshi Inc., KalshiEX LLC, Kalshi Klear Inc. and Kalshi Klear LLC, and it is without prejudice under Rule 41(a)(1)(A)(i), which leaves the flight tracker free to refile. The complaint it walked awa…
FlightAware withdraws Kalshi lawsuit after flight market dispute
FlightAware has voluntarily dismissed its lawsuit against prediction market operator Kalshi just one day after accusing the company of improperly using its flight data and trademark for cancellation contracts. According to a Tuesday filing with the U.S. District Court for…
FlightAware Withdraws Kalshi Lawsuit One Day After Filing
FlightAware has dropped its lawsuit against prediction markets platform Kalshi just one day after filing, according to a Tuesday notice filed in the U.S. District Court for the Southern District of New York. The move came after a judge ordered Kalshi to show cause as to why a temporary restraining order should not be issued related to FlightAware’s trademarks and alleged use of its data. In the filing, attorneys for FlightAware stated they volun…
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