Ohio

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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 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 →

National Governance & Policy8h ago

Oracle's Project Jupiter Delay Sends Shockwaves Through AI Infrastructure Financing

Oracle's decision to issue a force majeure notice tied to Project Jupiter, a massive data centre campus in New Mexico, has unsettled lenders and investors already growing wary of the capital intensity behind the AI boom. The episode is now feeding broader doubts about how quickly the market can finance the next wave of AI infrastructure, even as demand for compute remains robust.

5 min readRead →

Global Economy & Central Banks6h ago

Federal Reserve Clears Peoples Bancorp's Purchase of Citizens National, Expanding Ohio Lender's Kentucky Footprint

The Federal Reserve Board has approved Peoples Bancorp Inc.'s application to merge with Citizens National Corporation and indirectly acquire Citizens Bank of Kentucky, Inc., marking a significant regional banking expansion for the Marietta, Ohio-based lender. The decision also authorizes Peoples Bank to merge with Citizens Bank of Kentucky and operate branches at the Kentucky bank's existing locations, extending Peoples' presence deeper into eastern Kentucky.

6 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 →

World Politics & Diplomacy11h ago

Incumbents Hold the Cash Edge in Most of the Tightest U.S. House Races

In the most competitive U.S. House districts heading into the 2026 midterm cycle, incumbents are often entering the final stretch with a major financial cushion. In 11 of 19 toss-up incumbent-versus-challenger races tracked by The Cook Political Report and OpenSecrets, the sitting lawmaker had at least twice as much cash on hand as the opponent, underscoring how money can reinforce the advantages of incumbency even in volatile districts.

5 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside Ohio:

Kalshi(2)Tennessee(2)Washington, D.C.(2)