Case: 25-7504, 01/16/2026, DktEntry: 38.1, Page 23 of 47
stop offering sports wagering within their borders. Kalshi has re- sponded with litigation in seven states seeking to enjoin state enforce- ment. 3 In Nevada and Maryland, the states have successfully defeated preliminary injunction motions; denials of those motions in both cases are now on appeal. 4 In New Jersey, Kalshi has obtained a preliminary injunction against state enforcement; that order, too, is on appeal. 5 Broad bipartisan coalitions of states have filed amicus briefs in these appeals in defense of state law and against Kalshi’s novel and sweeping 3 KalshiEX LLC v. Hendrick , No. 2:25-cv-575 (D. Nev.); KalshiEX LLC v. Flaherty , No. 1:25-cv-2152 (D.N.J.); KalshiEX LLC v. Martin , No. 1:25-cv-1283 (D. Md.); KalshiEX LLC v. Schuler , No. 2:25-cv-1165 (S.D. Ohio); KalshiEX LLC v. Williams , No. 1:25-cv-8846 (S.D.N.Y.); KalshiEX LLC v. Cafferelli , No. 3:25-cv-2016 (D. Conn.); KalshiEX LLC v. Orgel , No. 3:26-cv-34 (M.D. Tenn.). 4 KalshiEX LLC v. Hendrick , No. 2:25-cv-575, 2025 WL 3286282 (D. Nev. Nov. 24, 2025), appeal docketed , No. 25-7516 (9th Cir.); KalshiEX LLC v. Martin , 793 F. Supp. 3d 667 (D. Md. 2025), appeal docketed , No. 25-1892 (4th Cir.). 5 KalshiEX LLC v. Flaherty , No. 1:25-cv-2152, 2025 WL 1218313 (D.N.J. April 28, 2025), appeal docketed , No. 25-1922 (3d Cir.). In Ten- nessee, a district court recently entered a TRO against state enforcement pending a preliminary-injunction hearing set for January 26, 2026. See Temporary Restraining Order, KalshiEX LLC v. Orgel , No. 3:26-cv-34 (M.D. Tenn. Jan. 12, 2026) (Doc. 22).
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