Kalshi Loses Again as Appeals Court Backs State Sports Betting Laws

Kalshi suffered another legal setback after the Sixth Circuit ruled that Ohio and Tennessee can enforce their sports betting laws against the prediction-market operator. The court said Kalshi had not shown that its sports event contracts qualify as “swaps” under federal commodities law. It also ruled that federal law would not prevent the states from […] Read The Full Article Kalshi Loses Again as Appeals Court Backs State Sports Betting Laws…