A federal judge is refusing to block Arizona from prosecuting an online gambling site for violating state gaming laws.
In an opinion late Wednesday, U.S. District Court Judge Michael Liburdi acknowledged there is a legal conflict between Kalshi and the state about whose laws take precedence. But he said that, for the moment, he is going to allow Attorney General Kris Mayes to continue to press charges.
Kalshi contends that its activities, like letting people bet on everything from political and social events to sports and weather, are regulated by the federal Commodity Futures Trading Commission.
The company’s attorneys told the judge that federal oversight outweighs arguments by Mayes, who says state laws allow only regulated entities to take wagers — and only on sporting events.
