Connecticut ordered Kalshi, Robinhood, and Crypto.com to halt sports betting

"Connecticut Cracks Down on Unlicensed Sports Betting Platforms"

Connecticut’s crackdown on sports-related markets has opened a complex dialogue about the intersection of trading and gambling, highlighting the nuances of state regulation in a rapidly evolving digital landscape. Regulatory Action Against Platforms In a significant move, the Connecticut Department of Consumer Protection issued a cease-and-desist order on December 3, 2025, targeting Kalshi, Robinhood, and…

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