Kalshi received a favorable ruling in Arizona after a district court judge reversed a decision to deny the prediction market an injunction against the state’s attorney general.
According to documents filed in the U.S. District Court for the District of Arizona, Kalshi has been granted a preliminary injunction in its legal dispute against Arizona Attorney General. The decision came after the district court judge overturned the initial denial of the injunction, allowing Kalshi to proceed with its operations in the state.