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Archived story3 articles · 3 publishers

Appeals court allows states to regulate Kalshi markets

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The 6th U.S. Circuit Court of Appeals ruled unanimously that states can regulate prediction market platforms like Kalshi as gambling, siding with Ohio and Tennessee. This is the second appeals court decision in less than a month affirming state roles in regulating sports-related event contracts.

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Appeals court allows states to regulate Kalshi markets
Photo: The Hill

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