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Kalshi subject to state gambling laws, appeals court finds -- major blow to prediction market giant
About this story
- Published
- Sep 25, 2026, 8:34 PM UTC
Continue reading on the publisher site for the full article.
Story preview
Continue reading on the publisher site for the full article.
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4 days ago
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12 other outlets reported this story in the last 3 days.
A federal appeals court ruled against Kalshi, saying Ohio and Tennessee can regulate its so-called event contracts under their gambling laws.
Kalshi must follow Tennessee gambling laws per court ruling, CoreCivic CEO Patrick Swindle resigns for health reasons, Dolly Day honors Dolly Parton, and more.
Kalshi's defiance of state gambling laws may be headed to Supreme Court.