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Midtown tower stabilized enough for repairs after fears of potential collapse

A federal court has denied Kalshi's bid to block New York gambling regulations, while repair work begins on a previously unstable Midtown tower.

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3210Jul 8 22:29Jul 9 00:29 UTC

The brief

A federal judge has denied a preliminary injunction sought by the gambling platform Kalshi. The court ruling upholds New York's stance that the platform cannot evade state sports licensing laws. Kalshi has since moved to appeal the decision.

Coverage from Newsday, Times Union, Gothamist, and Spectrum News emphasizes the legal friction between the platform and state gambling regulators. Reports also note that a Midtown tower has been stabilized following concerns regarding a potential structural collapse. Future developments hinge on the outcome of the Kalshi appeal process.

Regarding the Midtown tower, focus remains on the progress of necessary repairs now that the site has been deemed stable.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 1m ago.

Quick answers

What was the result of the Kalshi court case?

A federal judge denied the platform's request for a preliminary injunction, siding with New York regulators.

What is the status of the Midtown tower?

The structure has been stabilized, allowing repair work to commence following fears of collapse.

How is Kalshi responding to the court ruling?

The platform has filed an appeal against the decision.

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