A federal judge denies Kalshi’s request to block New York regulators from enforcing the state’s gambling laws against the company’s sports prediction market contracts. Multiple outlets report that the court ruling comes in response to Kalshi seeking a preliminary injunction to stop state enforcement. The judge determines that New York’s gambling laws, as applied to Kalshi’s offerings, are not preempted by the federal Commodity Exchange Act. Reporting also indicates the dispute centers on whether federal commodities regulation—through the Commodity Futures Trading Commission (CFTC) framework—takes precedence over state gambling restrictions for Kalshi’s contracts. By rejecting Kalshi’s argument, the judge allows New York to continue enforcement actions tied to the state’s sports wagering framework. The decision therefore leaves Kalshi subject to New York’s regulatory position and enforcement posture, at least pending any further appeals or subsequent litigation. The outlets consistently describe the judge’s denial as a setback for Kalshi’s effort to prevent state oversight while the legal questions proceed through the courts.