{
  "id": 9836590,
  "title": "Another appeals court rules against prediction market provider Kalshi, says sports contracts are subject to state regulations",
  "url": "https://urgent.news/2026/09/25/another-appeals-court-rules-against-prediction-market-provider-kalshi",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T21:17:30.000Z",
  "source": {
    "name": "CoinDesk",
    "slug": "coindesk",
    "url": "https://www.coindesk.com/policy/2026/09/25/another-appeals-court-rules-against-prediction-market-provider-kalshi-says-sports-contracts-are-subject-to-state-regulations"
  },
  "original_language": "en",
  "account": null,
  "summary": "A Sixth Circuit Court of Appeals panel ruled that prediction markets' sports-related events contracts are not swaps, and therefore aren't subject to federal regulatory oversight.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "US appeals court rules against Kalshi, says states can regulate prediction markets",
        "url": "https://urgent.news/2026/09/25/us-appeals-court-rules-against-kalshi-says-states-can-regulate-9824569",
        "published": "2026-09-25T19:58:01.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "US appeals court rules against Kalshi, says states can regulate prediction markets",
        "url": "https://urgent.news/2026/09/25/us-appeals-court-rules-against-kalshi-says-states-can-regulate",
        "published": "2026-09-25T20:00:26.000Z"
      },
      {
        "outlet": "The Hill",
        "title": "Appeals court rules against Kalshi, says prediction markets can be regulated like gambling",
        "url": "https://urgent.news/2026/09/25/appeals-court-rules-against-kalshi-says-prediction-markets-can-be",
        "published": "2026-09-25T21:31:55.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "Appeals court rules that states can regulate Kalshi’s sports prediction markets, dealing another legal blow to platforms",
        "url": "https://urgent.news/2026/09/25/appeals-court-rules-that-states-can-regulate-kalshis-sports",
        "published": "2026-09-25T21:41:18.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}