N.M. lawmaker urges tribes to reopen gaming compact amid Kalshi lawsuit
Rep. John Block urged New Mexico tribes to reopen the state's gaming compact to allow online sports betting. His comments came as the state and several pueblos are suing online platform Kalshi, alleging it allows illegal sports gambling.
Links the Kalshi litigation directly to tribal gaming politics in New Mexico. A reopened compact could reshape which entities hold legal online sports-betting rights in the state, complicating Kalshi's defense that its event contracts are distinct from tribal-gambling exclusivity.
New Mexico joins Kentucky as the second state where Kalshi faces formal gambling enforcement by a state attorney general or tribal coalition, widening the patchwork of state actions forcing CFTC-registered platforms to defend their sports-event contracts on dual federal and state fronts.