US EditionKalshi files lawsuit against Maryland regulator over causing “irreparable harm”
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Kalshi files lawsuit against Maryland regulator over causing “irreparable harm”
Kalshi has filed a lawsuit against the Maryland Lottery and Gaming Control Commission (MLGCC) just over two weeks after the state regulator sent the exchange platform a cease-and-desist order. The company has argued that the MLGCC’s efforts to halt Kalshi’s offering of sports event contracts in the Old Line State violates federal law. In turn, the New York-based company has requested an immediate temporary restraining order (TRO), as well as a …
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