@WALLACHLEGAL

#Sportsbetting & gaming lawyer. Co-Founder @UNHLaw sports wagering. Teach @MiamiLawSchool. Contributor @Forbes. Co-Founder @Condetrimental #sportslaw podcast.

 Hallandale Beach, Florida
sportsgaminglaw.com
Joined November 2024
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Major-Questions Doctrine Could Shift Focus Back To Sports Gambling In Prediction Market Cases My latest for Forbes. forbes.com/sites/danielwalla…

Major-Questions Doctrine Could Shift Focus Back To Sports Gambling In Prediction Market Cases

The major-questions doctrine has received scant attention in prediction market cases nationwide. This controversy should not be one of them. The CFTC’s commandeering of sports gambling and ousting of...

forbes.com
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🚨 BREAKING: Kalshi sues Louisiana in federal court, alleging state officials “will imminently bring an enforcement action” to bar its event contracts, pointing to public statements made between Dec. 2025 and Mar. 2026, amicus brief filings, and no assurances of non-enforcement.
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“Kalshi therefore has no option but to seek judicial relief.” Its back was against the wall. 😂
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Kalshi may have been more concerned about Louisiana’s “gambling-by-computer law,” designed to target sweepstakes casinos, which took effect Aug. 1, 2026. It authorizes injunctive relief, website removal, bank-account freezes, and exposes third-party vendors to criminal penalties.
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States put themselves at a disadvantage by not filing 1st in state court. C&D letters, public statements buy an unwanted ticket to federal court, where the sole issue is jurisdiction. Merits get sidelined as preemption fight drags on—preventing state enforcement in the interim.
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Not an imminent threat—but a race to the courthouse. Grab a federal case number, park the suit, and thwart state enforcement in state court. Same playbook in AZ, IA, TN & UT. Why? State court means a quick loss and an injunction.
Daniel Wallach
@WALLACHLEGAL11h
🚨 BREAKING: Kalshi sues Louisiana in federal court, alleging state officials “will imminently bring an enforcement action” to bar its event contracts, pointing to public statements made between Dec. 2025 and Mar. 2026, amicus brief filings, and no assurances of non-enforcement.
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That brings to 21 the number of states in litigation with prediction markets over event contracts. Louisiana is the first case within the deep-red Fifth Circuit (TX, LA & MS).
Daniel Wallach
@WALLACHLEGAL11h
🚨 BREAKING: Kalshi sues Louisiana in federal court, alleging state officials “will imminently bring an enforcement action” to bar its event contracts, pointing to public statements made between Dec. 2025 and Mar. 2026, amicus brief filings, and no assurances of non-enforcement.
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Daniel Wallach retweeted
Eric Neugeboren@eric_neugeborenOct 23
At #IndyFest2026, a panel is underway on the future of prediction markets. Gaming Control Board Chair Mike Dreitzer said prediction markets are "not too big to fail. It's also not too big to regulate." Will thread notable comments. 🧵
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BREAKING: The NYS Gaming Commission has sued Kalshi in NY County Supreme Court to force compliance with subpoenas seeking records on its sports-event contracts, offerings to NY’ers under 21, ads describing its products as wagers or bets, and ownership and corporate structure.
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NY says Kalshi’s ownership information is needed to identify who is responsible for potential Racing Law violations and could open new investigative avenues involving other entities and individuals.
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NY asks the court to compel Kalshi to fully comply with the Gaming Commission’s subpoenas and, within 10 days of the order, answer information requests and produce all responsive, non-privileged documents.
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