Certainly, the timing of Sunshine’s large political contributions, followed by Sunshine’s rate increases, including receiving the highest per-day rate, raised serious questions that prompted this investigation.
Attorney General's statement on investigation findings.
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Can you imagine if one of these hyperscale data centers came into your neighborhood, with no notice, no vote by the community, with the noise pollution, the light pollution, the water pollution, the heat island effect — there’s a new study…
Kalshi’s position would have effectively federalized sports betting regulation nationwide and swept aside decades of state and tribal oversight built to protect consumers from the real harms of unregulated gambling.
The 9th Circuit clearly explained in its ruling in the Nevada case that the federal law regulating commodities was never intended to strip states of their traditional police power over gambling.
This is a significant win for states’ authority to regulate gambling operations. Calling a sports bet a ‘swap’ doesn’t make it one.
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