Operator v. state
Ludlow Exchange, LLC v. James
U.S. District Court for the Southern District of New York, 1:26-cv-06676
Pending
Complaint filed Aug. 4, 2026; the case was referred to Judge Analisa Torres as possibly related to Kalshi v. Williams (1:25-cv-08846). No judge assignment, PI motion or ruling shown on the docket as retrieved Aug. 11, 2026; no ruling found as of Oct. 21, 2026.
The question
Whether the Commodity Exchange Act preempts New York gambling or sports-wagering law as applied to event contracts listed on a CFTC-designated contract market.
Ludlow Exchange, LLC d/b/a Novig sued New York officials in federal court seeking declaratory and injunctive relief against application of state gambling law to its event contracts.
Docket timeline
Case referred to Judge Torres as possibly related to Kalshi v. Williams.
Source: dockets.justia.com
Complaint filed.
Source: dockets.justia.com