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Sports Event Contracts

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A focused judge writing on documents beside a Lady Justice statue in an office.
NEWSAUG 27, 2026
Connecticut Lawsuit Adds New Pressure to Kalshi as Prediction Markets Face Split Court Rulings
Connecticut has sued Kalshi in a bid to halt the platform’s sports event contracts in the state, intensifying a broader legal clash over prediction markets. With state and federal courts issuing mixed decisions, the fight is increasingly framed as one that could eventually reach the U.S. Supreme Court.