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States Keep Betting Against Kalshi: Connecticut Sues Kalshi for Unlicensed Sports Betting

Connecticut AG William Tong, Governor Ned Lamont, and Department of Consumer Protection Commissioner Bryan T. Cafferelli filed suit against Kalshi, alleging the company offered sports wagers in Connecticut without the required state license. The state is seeking a court injunction to prohibit Kalshi from continuing to offer online betting access. The lawsuit follows a December…

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“All Bets Are Off” as Washington Judge Orders Kalshi to Halt Operations

A judge has issued a final order requiring KalshiEX (Kalshi) to suspend many of its Washington operations after concluding that Kalshi likely violated the Washington Gambling Act and the Consumer Protection Act. The order requires Kalshi to stop offering, accepting, or facilitating wagers on sports, elections, politics, entertainment, tech, and science, or mentions in Washington…

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AG Coalition Secures Federal Court Victory in Nexstar Merger Case

A federal judge has ruled that Nexstar Media Group (Nexstar) failed to comply with a court order requiring Nexstar to maintain TEGNA Inc, as a separate and independently managed competitor and prohibiting Nexstar from exercising control over TEGNA’s management while a multistate lawsuit challenging Nexstar’s proposed acquisition of TEGNA moves through the courts. The multistate…

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Ohio AG Moves to Lead Class-Action Lawsuit Against Roblox

Ohio AG Andy Wilson is seeking lead-plaintiff status in a securities class action lawsuit against Roblox, a video game developer, over allegations that the company has misled investors about child safety protections on its digital platform. The AGs office filed a motion to lead the case on behalf of the Ohio Public Employees Retirement System…

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New York Governor Hochul and AG James Sue Kalshi / Utah defeats Kalshi in Federal Court

New York AG Letitia James, alongside Governor Kathy Hochul, announced a lawsuit against KalshiEX, LLC (Kalshi), alleging an investigation by her office concluded the company is running an illegal, unlicensed gambling operation in New York through its prediction market platform that exposes New Yorkers to serious and financial risk. The lawsuit alleges that Kalshi’s prediction…

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