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Second Circuit denies Kalshi and Coinbase injunctions pending appeal in New York and Connecticut cases, iGaming Times reports

  • Second Circuit denies Kalshi and Coinbase injunctions pending appeal in New York and Connecticut cases, iGaming Times reports — iGaming Times reports a Second Circuit panel denied injunctions pending appeal on November 3 in Kalshi's New York case and two Connecticut appeals involving Kalshi and Coinbase, hours after argument and without giving reasons. The order decides only interim relief and does not resolve whether sports contracts are swaps or whether federal law preempts state gambling law. (iGaming Times)

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