Case 1:25-cv-01283-ABA Document 26 Filed 05/09/25 Page 35 of 36
947 F.3d 207, 230 (4th Cir. 2020)). Here and as set forth in this Response ’ s supporting affidavits,
Kalshi’s unlicensed practice of sports wagering threatens to undercut Maryland’s licensed sp orts
book operators and endangers the revenues flowing to the State from those entities as wells as the
secondary benefits Maryland gains from entities reliant on the State thriving gaming industry.
Exhibit 3 at ¶¶ 13-17; Exhibit 4 at ¶¶ 10-21. In addition, Kalshi’s unlicensed busines s has not
demonstrated that it has the necessary integrity, financial stability, and responsible gaming
practices to ensure that Marylanders are not preyed upon. See Exhibit 6 at ¶¶ 4, 8-12, 13-14, 19;
Exhibit 4 at ¶¶ 17, 18.q1 In light of these factors and Kalshi’s unclean hands , the balance of
hardships weigh heavily in the Defendants favor.
CONCLUSION
Based on the foregoing, this Court should deny Kalshi’s Motion for a Preliminary
Injunction.
29
Made with FlippingBook - Online catalogs