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FlightAware sues Kalshi over bets on flight cancellations
['Stephen Pope']
AeroTime
Flight-tracking company FlightAware has sued prediction-market operator Kalshi, accusing the service of using its data and trademark without permission to settle wagers on US flight cancellations.
FlightAware is seeking a temporary restraining order and permanent injunction to stop Kalshi from using its data and brand in connection with the markets.
Kalshi initially paused plans for the flight-cancellation contracts following the objections, but later offered cancellation markets using FlightAware information, according to the lawsuit and published reports.
FlightAware alleges it repeatedly sent cease-and-desist demands to Kalshi but that the company continued using its data and referring to FlightAware on its website.
Kalshi later added a disclaimer stating that FlightAware was not affiliated with or endorsing the markets.