BUSINESS● LOW3h ago · Sep 25, 2026, 9:31 PM
Appeals court rules against Kalshi, says prediction markets can be regulated like gambling
The Hill · north america
The 6th U.S. Circuit Court of Appeals ruled against the prediction market Kalshi on Friday, determining states can regulate prediction market platforms like gambling in the latest blow to the industry. In a unanimous ruling, the three-judge panel sided with Ohio and Tennessee, finding Kalshi did not show its sports-event contracts are “swaps” that typically…
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESSnowMunicipal Securities Underwriters Pay a Total of $325,000 in FinesSECBUSINESSnowSEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINESSECBUSINESS54m agoUrban logistics heritageLa Silla VacíaBUSINESS1h agoUS court rules against Kalshi, says states can regulate prediction marketsAl Jazeera [en]