Kalshi loses appeals court ruling on state regulation of prediction markets

source: news (news:seeking-alpha)published 2026-09-26 18:27ingested 2026-09-27 02:53

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Kalshi loses appeals court ruling on state regulation of prediction markets

Sep 26, 2026, 2:27 PM ETKalshi Inc (KALSHI) StockPOLYMARKETBy : Jonathan Block, SA News Editor

A federal appeals court on Friday ruled in favor of Ohio and Tennessee that they can regulate sports-related event contracts from Kalshi (KALSHI) under their existing gambling laws.

The 6th U.S. Circuit Court of Appeals in Cincinnati ruled that Kaslhi did

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