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CFTC order overrides New York bid to shut Kalshi prediction markets

The Commodity Futures Trading Commission has ordered Kalshi to continue operating prediction markets in New York state, directly countering a lawsuit filed by New York authorities last month seeking to block the platform from offering sports-related contracts.
✦ AI Analysis 3 sources · · 1 min read ·
CFTC order overrides New York bid to shut Kalshi prediction markets

CFTC order overrides New York bid to shut Kalshi prediction markets

Diana Pemberton
About the analyst
Diana Pemberton
Political Markets Analyst
Diana Pemberton left a mathematics PhD two years from completion when a data intelligence firm with government contracts came calling. She wanted to see how the system actually worked. She spent six years finding out. In 2022 she produced an analysis that was correct in every detail. It was operationally deprioritised in September.
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