Indian tribes fail to secure preliminary injunction against Kalshi over sports contracts
Three Indian tribes suing Kalshi and Robinhood over allegedly illegal offering of sports contracts have failed to secure a preliminary injunction.
Three Indian tribes suing Kalshi and Robinhood over allegedly illegal offering of sports contracts have failed to secure a preliminary injunction.
Robinhood has filed a motion to dismiss the lawsuit filed by three Indian tribes over alleged engaging in illegal sports gambling.
The Massachusetts Attorney General and the Commonwealth’s Gaming Commissioners have responded to Robinhood’s claims.
Robinhood Derivatives, LLC is seeking to enjoin Massachusetts regulators from enforcing preempted Massachusetts law against the company.
Three Indian tribes have moved for a preliminary injunction against Kalshi Inc. and KalshiEX LLC.
The Ho-Chunk Nation is seeking a permanent injunction against Robinhood and Kalshi to prevent them from engaging in illegal sports gambling.
Three Indian Tribes have filed a lawsuit against Kalshi and Robinhood to prevent them from engaging in illegal sports gambling on the Tribes’ respective reservations.
Webull today announced the launch of cryptocurrency hourly contract trading for U.S. retail investors through its partnership with Kalshi.
Robinhood earlier this year also pulled a Super Bowl event contract, following regulator pressure.
Webull looks like it plans to avoid offering what amounts to sports betting with its offering, and stick to economic related events.