CatalystDerivatives

Kalshi hit with injunction over sports contracts on California tribal lands

Kalshi injunction over sports contracts on California tribal lands signals regulatory action.

Context

What happened: A federal judge granted a preliminary injunction barring Kalshi from offering sports contracts on the lands of two California tribes. Why it matters: The ruling imposes a court-ordered restriction on where Kalshi can offer sports contracts, limiting its reach on tribal lands in California.

What changed

A federal judge granted a preliminary injunction barring Kalshi from offering sports contracts on the lands of two California tribes.

Why it matters

The ruling imposes a court-ordered restriction on where Kalshi can offer sports contracts, limiting its reach on tribal lands in California.

Sources

theblock