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Kalshi sues Montana AG to prevent gambling enforcement

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Kalshi sues Montana AG to prevent gambling enforcement


Jonathan Ambarian

HELENA (KPAX) — An increasingly popular online prediction market has filed suit against Montana Attorney General Austin Knudsen, seeking to stop his office from enforcing state gambling laws against them.

The company Kalshi has filed a case in federal court, arguing that the state has no authority to regulate their operations.

Kalshi offers “event contracts,” where users buy a contract based on whether a predicted future event will or will not happen by a set time. If it does happen, users who bought “yes” contracts are paid out, and if it doesn’t, those who bought “no” contracts are paid out. Before the final resolution, the value of the contracts can vary based on the market, and users can sell them early based on that value.

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Kalshi’s contracts cover everything from business and economic indicators to election results and other news events to sports. As the company has received more attention, it has also faced scrutiny from some states that consider its model too close to gambling. Kalshi has maintained it’s not the same because users’ contracts are financial “swaps” with other traders, rather than a bet against the market itself.

“Because traders do not take a position against the exchange itself, traders’ ability to hedge risk requires counterparties willing to assume risk in the hope of seeing a return,” the company’s attorneys said in their complaint.

Last year, an attorney representing the Montana Department of Justice’s Gambling Control Division sent Kalshi a cease-and-desist letter, saying that they had found probable cause that the company’s operations were gambling, “because participants risk money or other things of value for a gain that is contingent in whole or in part upon lot, chance, or the operation of a gambling enterprise.” They asked the company to stop offering event contracts in the state, saying they were seeking “voluntary compliance.”

Kalshi argues their operations are regulated by the federal Commodity Futures Trading Commission, like other financial markets, and that federal law overrides any attempts by states to implement additional restrictions.

“One of Congress’s avowed goals in creating the CFTC was to avoid the ‘chaos’ that would result from subjecting exchanges to a patchwork of 50 different—and potentially conflicting—state law,” the company’s attorneys wrote in their federal complaint.

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In the complaint, attorneys said Kalshi believed it had reached an agreement with the state to delay any enforcement while a federal appeals court hears arguments in a similar case centered on Kalshi’s operations in Nevada. However, they said the state sent another cease-and-desist letter last week, so they filed this action seeking to prevent Montana regulators from taking any enforcement action.

In the Nevada case, a judge barred Kalshi from offering contracts on sports. However, an appeals court ruled in a separate case last week that New Jersey did not have the authority to regulate Kalshi.

In addition, the CFTC has announced lawsuits of its own against states that sought to regulate prediction markets.

MTN reached out to Kalshi’s media contact, but as of Tuesday evening had not received a response.

 

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Belgrade wins best tasting tap water in Montana

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Belgrade wins best tasting tap water in Montana


The City of Belgrade is taking a victory lap for its utility services after being crowned the “Best Tasting Tap Water” in Montana. The city’s water out-sipped competition in a blind taste test during last week’s annual joint conference of Montana’s leading water associations in Butte, where judges evaluated samples based on clarity, odor and aftertaste.

Camaree Uljua, Belgrade’s director of Public Works, said that the city will now advance to American Waterworks Association national conference in Washington D.C., but the victory comes with another valuable perk.

“We have a bit of a lighthearted rivalry with Bozeman and some of the bigger cities in the state,” Uljua said. “It’s kind of bragging rights.”



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Montana Lottery Mega Millions, Big Sky Bonus results for May 5, 2026

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The Montana Lottery offers multiple draw games for those aiming to win big.

Here’s a look at May 5, 2026, results for each game:

Winning Mega Millions numbers from May 5 drawing

12-22-50-51-55, Mega Ball: 10

Check Mega Millions payouts and previous drawings here.

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Winning Big Sky Bonus numbers from May 5 drawing

03-06-12-18, Bonus: 11

Check Big Sky Bonus payouts and previous drawings here.

Winning Millionaire for Life numbers from May 5 drawing

14-20-23-30-55, Bonus: 02

Check Millionaire for Life payouts and previous drawings here.

Feeling lucky? Explore the latest lottery news & results

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When are the Montana Lottery drawings held?

  • Powerball: 8:59 p.m. MT on Monday, Wednesday, and Saturday.
  • Mega Millions: 9 p.m. MT on Tuesday and Friday.
  • Lucky For Life: 8:38 p.m. MT daily.
  • Lotto America: 9 p.m. MT on Monday, Wednesday and Saturday.
  • Big Sky Bonus: 7:30 p.m. MT daily.
  • Powerball Double Play: 8:59 p.m. MT on Monday, Wednesday, and Saturday.
  • Montana Cash: 8 p.m. MT on Wednesday and Saturday.
  • Millionaire for Life: 9:15 p.m. MT daily.

Missed a draw? Peek at the past week’s winning numbers.

This results page was generated automatically using information from TinBu and a template written and reviewed by a Great Falls Tribune editor. You can send feedback using this form.



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Montana State Prison Expansion Advances as State Officials Tour New Housing Unit – Correctional News

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Montana State Prison Expansion Advances as State Officials Tour New Housing Unit – Correctional News


Prefabricated cells were placed in the new housing units in April as part of an ongoing expansion project at the Montana State Prison. | Photo Credit: Montana Department of Corrections
  • Officials say a major expansion at Montana State Prison near Deer Lodge is moving forward, with one of three new housing buildings nearing completion.
  • The project is expected to add about 1,000 beds as Montana continues to address overcrowding and the use of out-of-state placements.
  • Montana Department of Corrections Director Eric Strauss said the additional capacity will allow Montana to return incarcerated people currently held out of state.
  • The expansion is scheduled for completion in January 2029 and is part of nearly $700 million budgeted for prison system improvements.

DEER LODGE, Mont. — Construction on a major expansion at Montana State Prison is progressing, with one of three new housing buildings taking shape at the facility outside Deer Lodge.

State leaders toured the site in mid-April, describing the project as a key step toward easing overcrowding and reducing Montana’s reliance on out-of-state placements for incarcerated people.

Officials said the expansion will add about 1,000 beds. Montana Department of Corrections Director Eric Strauss told reporters that roughly 600 Montana inmates are currently housed out of state and more than 50 are being held in county detention facilities as the state manages crowding pressures. Once the project is finished, incarcerated people held elsewhere will be returned to Montana, according to Strauss.

Strauss said there is “no question” that bringing people back to Montana will help those in custody and their families, according to an article from the Daily Montanan.

The prison expansion, being led by contractor Sletten Construction, broke ground in April of 2025 and is slated for completion in January 2029. It is part of nearly $700 million budgeted to improve Montana’s prison system, with funding coming from the state general fund through appropriations approved by the 2023 and 2025 Montana Legislatures.

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During the recent visit from officials, crews were active on site and masonry was complete on one of the main facilities. Corrections officials said some incarcerated people at Montana State Prison have contributed to construction work.

Inside the first building, walls and a roof were in place, along with ductwork. The first new prefabricated cells — assembled offsite and trucked in — were placed in the new housing units on April 8, according to an update from MDOC, with each cell including two beds, a sink and a toilet.

Scott Eychner, who oversees rehabilitative services for the Department of Corrections, said the added classroom, office and activity space is expected to support programming. He also said the layout could help staff move incarcerated people more efficiently when staffing levels are strained.

The project also includes developing plans for water system enhancements outside the fence to support and complement the ongoing facility expansion. Strauss addressed water-system concerns after a pipe break last year, noting the department “learned a lot” from the October 2025 incident. Officials said crews have replaced lines to water tanks, installed flow meters and mapped plans for broader system replacement.

This article is based on reporting originally published by the Daily Montanan on April 15, 2026.

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