Appeals court rules that states can regulate Kalshi’s sports prediction markets, dealing another legal blow to platforms
The decision is the second in less than a month by an appeals court that states have a role in regulating sports-related event contracts.
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- Appeals court rules against Kalshi, says prediction markets can be regulated like gambling thehill.com
- Another appeals court rules against prediction market provider Kalshi, says sports contracts are subject to state regulations coindesk.com
- US appeals court rules against Kalshi, says states can regulate prediction markets investing.com
- US appeals court rules against Kalshi, says states can regulate prediction markets channelnewsasia.com