✉news WorldLaw & Courts first seen 9 h ago, last 17 min ago, peak #8
Appeals court says Ohio can regulate Kalshi sports contracts
Original: Sixth Circuit rules Ohio can regulate Kalshi sports contracts
The Sixth Circuit Court of Appeals has ruled that Ohio may regulate Kalshi's sports event contracts, a decision with implications for the prediction-market platform's operations in the state. The ruling comes amid broader disputes between Kalshi and state regulators over whether its sports contracts constitute gambling subject to state oversight or federally regulated financial products.
Why now: The ruling affects whether prediction markets like Kalshi can offer sports contracts without state gambling regulation, a live legal fight nationwide.
KalshiSixth Circuit Court of AppealsOhio
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- Sixth Circuit rules Ohio can regulate Kalshi sports contracts · Cleveland.com
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