Overview
Attorney General Andrea Joy Campbell secured a preliminary injunction (January 2026) barring Kalshi from offering unlicensed sports event contracts to Massachusetts users; the judge called Kalshi’s reading of CFTC oversight "overly broad" and found Congress did not clearly displace state gambling police powers. The Massachusetts Supreme Judicial Court granted direct appellate review and heard argument (May 2026); no decision has issued. The injunction is stayed pending appeal, so the platform still operates in-state; the decision is pending. (Docket confirmed: Suffolk County Superior Court No. 2584CV02525, Business Litigation Session, before Judge Barry-Smith; a separate private-plaintiff SJC case, Jackson v. Campbell, is not this action.)