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351 Judge Pauses Arizona's Prosecution of Kalshi, Bars Arizona from Regulating Prediction Markets

Slashdot
EditorDavid @ Slashdot · 04/11/2026 22:07 EDT

Judge Pauses Arizona's Prosecution of Kalshi, Bars Arizona from Regulating Prediction Markets

Arizona state prosecutors allege Kalshi is running an illegal gambling operation, charging the prediction market with 20 "wagering" misdemeanors. But Friday a federal judge "temporarily barred Arizona from enforcing its gambling laws against predictive market operators," reports the Associated Press, "and put the brakes on a criminal wagering case that the state has filed against Kalshi.

"U.S. District Judge Michael Liburdi's ruling means a Monday arraignment hearing for Kalshi has been called off."

The.

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