FlightAware voluntarily dismissed its lawsuit against prediction market operator Kalshi on Tuesday, ending the case only one day after accusing the platform of improperly using its flight data and trademark. FlightAware had sued Kalshi on Monday and sought a temporary restraining order that would have blocked the platform from using material connected to FlightAware in its flight-cancellation prediction markets. The complaint accused Kalshi of using FlightAware’s data and branding to operate what FlightAware described as “gambling markets on flight cancellations.” Investor TakeawayWhy Are Kalshi’s State Legal Battles More Important? The FlightAware dispute was short-lived, but Kalshi continues to face more consequential litigation over sports-event contracts in several U.S. states.