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Kalshi Prediction Markets Face Appeals Court Split
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- Published
- Sep 28, 2026, 9:01 AM UTC
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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.
Federal appeals court backs Ohio and Tennessee in regulating Kalshi sports event contracts under gambling laws. Read more here.