Connecticut Orders Kalshi, Robinhood, Crypto.com to Cease Sports Betting

The state of Connecticut has issued an official order requiring the companies Kalshi, Robinhood, and Crypto.com to immediately halt all operations related to sports betting. This decision comes as part of the state's regulatory efforts to ensure compliance with existing gambling laws, protect consumers, and maintain the integrity of the sports betting market. The authorities have raised concerns about the legality and oversight of these platforms in offering sports betting services, prompting this decisive action to prevent any further activity in that sector until proper regulations are established and adhered to. source: https://www.coindesk.com/policy/2025/12/03/connecticut-orders-kalshi-robinhood-crypto-com-to-cease-sports-betting