By The Weekly Edge desk ·
iGaming Today reported that the CFTC used emergency powers to direct Kalshi to continue operating in New York. The agency characterised the state’s temporary restraining order request as a market emergency.
The federal directive seeks to maintain Kalshi’s operations despite the state’s lawsuit.
Request a correction / right of reply
Linked through shared companies, regulators and people, or one step further through the graph.
Kalshi’s sponsorships expand MLB prediction market partnerships, with four new partners playing in states that prohibit sports betting.
The partnerships give the tribes customer-facing apps while Kalshi operates the underlying exchange and settles transactions.
Four additional tribal agreements give tribes app ownership and customer management while Kalshi supplies exchange services.
The agreements give Kalshi advertising exposure and fan engagement opportunities across five MLB teams.
Operators face unresolved gaming definitions as the CFTC deliberates and Nevada and New Jersey assert authority over sports-outcome contracts.
The court-linked sports shutdown limits Kalshi’s market offering in Washington State.