2026 Membership Book FINAL

Case 1:25-cv-01283-ABA Document 26 Filed 05/09/25 Page 3 of 36

2. The Court May Enforce the Provisions of Regulation 40.11(a)(1). ......................22

3. Self-Certifying Otherwise Prohibited Contract on a DCM Does Not Foreclose Judicial Review of the Listing. ..............................................................23

C. The CTFC Has Expressly Prohibited Gaming Devices from Being Offered on a DCM ………………………………………………………………………… .24

II. Any Harm Kalshi May Suffer As A Result Of The Cease And Desist Letter Was Of Its Own Making. ...........................................................................................................26

III. The Balance of the Hardships in This Matter F avors the Protection of Maryland’s Citizens and Businesses. ....................................................................................................28

Conclusion .........................................................................................................................................

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