Kalshi's claim to be a commodities trader is being rejected by courts

Say More Look Up Mashable's Best: E-readers, robovacs, laptops, earbuds, smart home and more Mashable Selects Trending Now Gift Ideas For Everyone On Your List Safety Net Mashable @Home In My Bag Versus Creator Playbook Getting Technical with Mashable All Series Kalshi's claim to be a commodities trader is being rejected by courts California tribes won the nation's first injunction to block Kalshi sporting contracts. Chase joined Mashable's Social Good team in 2020, covering online stories about digital activism, climate justice, accessibility, and media representation. States square off against the federal government in a push to subject Kalshi to gambling laws. State courts have struck another blow against online prediction market Kalshi, which has sought to remain outside of gaming law, claiming it's a trading -- not gambling -- platform. On Wednesday, a US District judge granted a preliminary injunction to California tribes, prohibiting Kalshi from offering sports contracts (AKA trades or swaps) on tribal land .