Kalshi

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Last Updated: Just Now

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Global Markets & Equities Just now (09:13 PM IST)

Appeals Court Says Ohio and Tennessee Can Regulate Kalshi Under Gambling Laws

A federal appeals court has handed Kalshi another legal setback, ruling that Ohio and Tennessee may regulate the company’s sports prediction contracts under state gambling laws. The decision deepens uncertainty around the fast-growing prediction-market sector and raises fresh questions about how far states can go in policing event-based trading products. The ruling adds to mounting pressure on Kalshi as it seeks to position its contracts as financial instruments rather than wagers, a distinction that has become central to the industry’s regulatory fight.

By RDU Global Wire5 min read

Global Markets & EquitiesJust now (06:56 PM IST)

Appeals Court Says Ohio and Tennessee May Police Kalshi Under Gambling Laws

A federal appeals court has ruled that Ohio and Tennessee may enforce their gambling laws against Kalshi’s sports-related prediction contracts, handing the exchange another setback in its fight to operate nationally. The decision deepens a fast-moving legal clash over whether event contracts are financial instruments or wagers, with implications for prediction markets, state regulators and the broader derivatives industry.

5 min readRead →

Global Economy & Central BanksJust now (05:31 PM IST)

Appeals Court Says States Can Police Kalshi’s Sports Markets, Deepening Legal Pressure on Prediction Platforms

A U.S. appeals court has ruled that states may regulate Kalshi’s sports-related prediction markets, handing the platform another setback in its fight over who controls event contracts tied to athletic outcomes. The decision is the second in less than a month from an appellate court to affirm that states have a role in overseeing these products, intensifying uncertainty for a fast-growing corner of the financial and wagering ecosystem.

5 min readRead →

Global Markets & EquitiesJust now (06:45 AM IST)

Appeals Court Upholds State Regulation of Kalshi's Sports Prediction Markets

In a significant ruling, an appeals court has determined that states, including Ohio and Tennessee, have the authority to regulate Kalshi's sports prediction markets under existing gambling laws. This decision poses further challenges for the burgeoning prediction market sector as regulatory scrutiny intensifies.

4 min readRead →

Global Markets & Equities10h ago

Appeals Court Says States Can Police Kalshi's Sports Contracts, Deepening Prediction Market Legal Fight

A federal appeals court has ruled that Ohio and Tennessee may enforce their gambling laws against Kalshi's sports-related event contracts, handing prediction market platforms another setback as the industry's clash with state regulators intensifies. The unanimous 6th Circuit decision adds to a widening split among federal courts and increases pressure on the U.S. Supreme Court to eventually settle the question.

5 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside Kalshi:

Washington, D.C.(3)Ohio(2)Tennessee(2)