Published Aug 3, 2026, 10:49 PM ET · Updated 3 months ago · 1 source

THE BLOCK: New York County Supreme Court has denied the state's motion for a preliminary injunction against Kalshi after the case was removed to federal court. Last week, New York State sued Kalshi for allegedly running an illegal gambling operation in the state.

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Original Report

THE BLOCK: New York County Supreme Court has denied the state's motion for a preliminary injunction against Kalshi after the case was removed to federal court. Last week, New York State sued Kalshi for allegedly running an illegal gambling operation in the state.