Kalshi sued Arizona regulators in federal court to stop them from shutting down its operations in the state.
In its lawsuit, the company argues that its platform is regulated at the federal level by the Commodity Futures Trading Commission and falls outside the authority of the Arizona Department of Gaming.
The operator has asked US District Court Judge Michael Liburdi to issue a preliminary injunction preventing Arizona from enforcing state gambling laws against it.
The dispute began after the Arizona Department of Gaming sent a letter to Kalshi CEO Tarek Mansour, warning that the company’s activities violate state laws, as only companies with a state license are permitted to accept sports wagers in Arizona.
