Buy Crypto Markets Spot FuturesUSOIL Earn Event Center

In Connecticut, members of several Native American tribes supported the local regulator’s ban on prediction markets, including Kalshi, according to the Law360 aggregatorIn Connecticut, members of several Native American tribes supported the local regulator’s ban on prediction markets, including Kalshi, according to the Law360 aggregator

Native Americans Spoke Out Against Kalshi and Other Prediction Markets

Author: Incrypted

Source: Incrypted

2026/01/22 20:08

2 min read

For feedback or concerns regarding this content, please contact us at [email protected]

In December, Connecticut authorities banned sports betting on Kalshi, Crypto.com, and Robinhood.
Kalshi filed a countersuit, demanding that the restrictions be lifted.
Two Native American tribes backed the regulator.
They believe prediction markets violate the law.

In Connecticut, members of several Native American tribes supported the local regulator’s ban on prediction markets, including Kalshi, according to the Law360 aggregator. They said such platforms cannot operate on their lands.

As a reminder, in early December 2025, Connecticut authorities ordered Kalshi, Crypto.com, and Robinhood to stop offering bets on sporting events. In response, Kalshi sued the Department of Consumer Protection.

This is not an isolated case. Kalshi has faced legal trouble not only in Connecticut, but also in Tennessee, Massachusetts, New York, and a number of other states.

The company claims it has the right to offer contracts on sporting events because its activity does not qualify as gambling. Kalshi itself holds a license from the Commodity Futures Trading Commission (CFTC), which it says has jurisdiction over its operations.

In Connecticut, a coalition of Native American tribes spoke out against the platform’s activity. In their amici curiae brief, representatives of the Mohegan and Mashantucket Pequot cite the 1988 Indian Gaming Regulatory Act (IGRA).

Under it, at least on reservation lands, the activity of these platforms is illegal. Exclusive rights to define and regulate gambling in these territories belong to Native Americans themselves, not local authorities.

At the same time, according to the tribes’ statement, Kalshi is a direct competitor to casinos located on reservations. As a result, the platform’s activity is not only illegal, but also harms Native Americans and their businesses.

Moreover, this is not the only precedent. In California, Kalshi also filed a lawsuit against the local gambling regulator. In the summer of 2025, another filing from tribal groups was submitted, using similar language.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

Tags:

#DeFi #Futures