Connecticut has sued prediction market platform Kalshi in an effort to stop it from offering sports event contracts within the state. The case targets Kalshi’s availability in Connecticut rather than announcing any broader action described in the source. Jovy Dedaj, Kalshi’s head of litigation, criticized the move and said it was "arbitrary and inconsistent enforcement." He argued that other prediction markets are still operating in Connecticut. The source did not disclose additional details about the filing, including the court, the legal claims, or the timeline for the case.
Connecticut has sued prediction market platform Kalshi, seeking to stop it from offering sports event contracts in the state.
Jovy Dedaj, Kalshi’s head of litigation, said the move was "arbitrary and inconsistent enforcement," adding that other prediction markets are still operating in Connecticut.
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