Ars Technica reported that Kalshi has faced a series of setbacks in court, with judges declining to block state gambling laws. According to Ars Technica, the rulings mean the state laws remain in place despite Kalshi's efforts to stop them from taking effect. The report also cited a state attorney general who argued that Kalshi cannot escape gambling law by maintaining that it does not offer gambling.

Source: Ars Technica.