Appeals court rules against Kalshi, says prediction markets can be regulated like gambling
A US appeals court ruled Friday that Ohio and Tennessee can regulate Kalshi’s so-called event contracts under gambling laws, dealing the prediction market giant one of its biggest legal blows yet.
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2 viewpointsSixth Circuit says states can regulate Kalshi’s prediction market
Sixth Circuit says states can regulate Kalshi, other prediction markets
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2 viewpointsUPDATE 2-US appeals court rules against Kalshi, says states can regulate prediction markets
Appeals court rules against Kalshi, says states can regulate prediction markets
Kalshi subject to state gambling laws, appeals court finds — major blow to prediction market giant
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