Kalshi Faces Fresh Legal Battle as DOJ Challenges Arkansas

Kalshi is facing another significant legal challenge in the United States as federal regulators move against Arkansas over its efforts to restrict the prediction-market platform. The dispute raises a wider question: should prediction markets fall under federal commodities regulations or state gambling laws? The US Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC) filed a lawsuit against Arkansas Attorney General Tim Griffin on November 12. The federal agencies are seeking to prevent Arkansas from enforcing its gambling laws against Kalshi and other federally regulated prediction-market platforms.