CFTC case against Kalshi dismissed in dramatic moment for US iGaming 

In a monumental week for North American iGaming, a request from the Commodity Futures Trading Commission’s (CFTC) to dismiss its case against Kalshi has been approved by a DC Court, potentially having a major impact on the US market.

Sending ripples across North American iGaming, the case centres around election-related event contracts, shifting momentum for the drawn-out legal battle after former President Joe Biden had vehemently backed the case against Kalshi.

Any case against Kalshi seems dead in the water now though, given the dismissal of the case and the Trump premiership leaning strongly the other way in the case.

At the start of the year, the status of Kalshi and the prediction market model was brought further into the spotlight as the group was granted approval from the Commodity Futures Trading Commission (CFTC) to offer contracts on sporting events hosted by America’s major professional sports leagues.

This move expanded upon the firm’s previous ability to offer pol..