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Kalshi Files Lawsuit Against Iowa to Protect Its Sports Contracts
Kalshi Files Pre‑emptive Suit Against Iowa Over Sports‑Event Contracts
Prediction‑market platform argues federal law bars the state from regulating its “event contracts,” adding another chapter to a nationwide legal clash between regulators and the emerging industry.
Iowa Federal Court Action
On Wednesday, Kalshi LLC—a Chicago‑based, CFTC‑registered designated contract market—filed a complaint in the...
