Native American Tribes Claim Kalshi Prediction Markets 'Siphon' Money From Casinos [Yahoo! Finance]
Intercontinental Exchange Inc. (ICE)
Last intercontinental exchange inc. earnings: 4/30 07:30 am
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Source: Yahoo! Finance
Kalshi sued the Connecticut Department of Consumer Protection in December 2025 in response to what it describes as the regulator "threatening Kalshi with imminent criminal and civil penalties for offering [event contracts]." Just before the lawsuit was filed, Connecticut had ordered Kalshi, Robinhood, and Crypto.com to halt their "unlicensed" online gambling. A notice from the state regulator said cease-and-desist orders had been sent to each of the three prediction market operators, demanding they stop offering "sports event contracts" to Connecticut residents, and allow state users to withdraw their funds. The Kalshi lawsuit did not name any of the state's tribes, but the Indian Gaming Association, along with 16 federally recognized American Indian tribes, wrote in an amicus brief that Kalshi has behaved as if "Congress gave it permission to enter Indian lands and siphon gaming revenues away from tribes over such tribes' objections." Amicus briefs are submissions from outside
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ICE
Earnings
- 10/30/25 - Beat
ICE
Sec Filings
- 12/16/25 - Form 4
- 12/12/25 - Form 144
- 12/10/25 - Form 4
- ICE's page on the SEC website